- 3.17.41 Accounting and Operating Reports
- 184.108.40.206 Scope and Purpose of this IRM
- 220.127.116.11.1 Campus Responsibility
- 18.104.22.168.2 Address for Headquarters and Campus (C) Generated Reports
- 22.214.171.124 Net Tax Refund Report (NTRR)
- 126.96.36.199 T90 Gasoline, Diesel & Special Fuels and Other Credits (T-90)
- 188.8.131.52.1 T90 Gasoline, Diesel & Special Fuels and Other Credits
- 184.108.40.206.2 T90 Credits Reports Quarterly Monitoring Guidelines
- 220.127.116.11.3 T90 Report Data Concepts Related IRMs for Inputting Credits
- 18.104.22.168.4 T90 GAS0140 Reports Format
- 22.214.171.124.5 Daily Extract Report Format
- 126.96.36.199.6 Daily Extract Reports Detail
- 188.8.131.52.7 GMF1548 to GMF1554 Control Totals
- 184.108.40.206.8 T90 Control Work Sheet Current Quarter Cum
- 220.127.116.11.9 Daily Extract Report Totals Accumulation
- 18.104.22.168.10 Control Work Sheet Proof Totals
- 22.214.171.124.11 GMF 1548 to 1554 Monitoring and Regular Sampling of Credits
- 126.96.36.199.12 Adjustment Control Work Sheet
- 188.8.131.52.13 T90 Claims Average Dollar AmountsF- 4136
- 184.108.40.206.14 T90 Claims Dollar Stratification ReportForms 4136
- 220.127.116.11.15 T90 Cumulative Recap of Counts and Average Items
- 18.104.22.168.16 T90 Invalid or Potentially Fraudulent Claims
- 22.214.171.124 T90 Credits Report
- 126.96.36.199.1 Reports File Adjustments
- 188.8.131.52.2 T90 Error Correction Policy Procedures
- 184.108.40.206.3 T90 Correction Work Sheet Instructions
- 220.127.116.11 Accounting Reports
- 18.104.22.168.1 Operating Reports
- 22.214.171.124 CFO Reports for OS:CFO:R:S:I
- 126.96.36.199 Purpose, Authority and Requirements for Monitoring Trust Fund Excise Taxes
- 188.8.131.52.1 Excise Tax Groupings
- 184.108.40.206.2 Monitoring Time Frames and SCRA Work Needs
- 220.127.116.11.3 TREAS92 Report Concepts
- 18.104.22.168.4 TREAS92 Review By Headquarters
- 22.214.171.124.5 Cincinnati Reports Analysts Monitoring Priority Schedule
- 126.96.36.199.6 Reports Analysts Monitoring Systems
- 188.8.131.52.7 AQETL Concepts
- 184.108.40.206.8 AQETL Review
- 220.127.116.11.9 F2290 Revenue Receipts Monitoring
- 18.104.22.168.10 AATF Abstracts (Airport and Airway Trust Fund)
- 22.214.171.124.11 WPT (Windfall Profit Tax, Form 6047)
- 126.96.36.199.12 HSRF Abstracts (Environmental Taxes, Form 6627)
- 188.8.131.52.13 HTF Abstracts (Highway Trust Fund)
- 184.108.40.206.14 Gas Guzzler Abstract 40 (Form 6197)
- 220.127.116.11.15 Earmarked Funds Abstracts (Recreational Taxes)
- 18.104.22.168.16 IWTF Abstract 64: Inland Waterways Fuel Use Tax
- 22.214.171.124.17 PLF Abstract 55 (Hazardous WastesRepealed)
- 126.96.36.199.18 Abstract 51 (Alcohol Sold As, But Not Used As Fuel)
- 188.8.131.52.19 Abstract 31 (Obligations not in Registered Form)
- 184.108.40.206.20 Abstract 22 (Telephone)
- 220.127.116.11.21 Abstract 97 Vaccine Injury Compensation Trust Fund.
- 18.104.22.168.22 LUST TF, Abstracts 15, 7078
- 22.214.171.124.23 Foreign Insurance, Abstract 30
- 126.96.36.199.24 Abstract 11, IRC 444 Fiscal Year Election
- 188.8.131.52.25 Oil Spill Liability TF, Abstracts 18, 21
- 184.108.40.206.26 Ozone-Depleting Chemicals, Abstract 19, 20, 98
- 220.127.116.11.27 Cruise Ship Passenger Tax, Abstract 29
- 18.104.22.168.28 Luxury Taxes, Abstract 9094
- 22.214.171.124.29 North American Industry Classification System Codes
- 126.96.36.199.30 Million Dollar BMF Report Records Review
- 188.8.131.52.31 Research Tools
- 184.108.40.206.32 Confirmation of Adjustments Reported
- 220.127.116.11.33 Trust Fund Excise Taxes Related Computer Reports
- 18.104.22.168.34 AQETL Security
- 22.214.171.124.35 AQETL Review Guidelines for Cincinnati Reports Analysts
- 126.96.36.199.36 Abstract Number Monitoring Groups
- 188.8.131.52.37 Cincinnati Reports Analysts Cases
- 184.108.40.206.38 Monitoring Reports Records Retention and Disposition
- 220.127.116.11.39 Form 720 Credit Reference Numbers Review
- 18.104.22.168.40 Form 720 IRS Numbers Count Review
- 22.214.171.124.41 IDRS Command Codes Required for Reports Analyst Use
- 126.96.36.199.42 Trust Funds Required to be Certified to Treasury
- 188.8.131.52.43 Form 720 Account Components
- 184.108.40.206.44 Form 720 Filing, Liability, and Processing Quarters
- 220.127.116.11.45 Form 720 Account Posting Concepts
- 18.104.22.168.46 Form 720, Line 4 Schedule C Credits Claimed
- 22.214.171.124.47 Form 720 IRS No. Maximum Limit and Multiple Nos.
- 126.96.36.199.48 Form 720 Zero Liability Returns
- 188.8.131.52.49 IRC 59A Environmental Taxes Review
- 184.108.40.206.50 ANMF Trust Fund Taxes Review
- 220.127.116.11.51 TC 370 Account Transfer-In Review
- 18.104.22.168.52 Abs 99, AIMS Expired/Repealed/Default Use:
- 22.214.171.124.53 Million Dollar Procedures
- 126.96.36.199.54 Black Lung Trust Fund Procedures
- 188.8.131.52 Purpose, Authority and Requirements of Reports Analysis Guidelines for Monitoring Revenue Accounting Control (IRACS) Reports
- 184.108.40.206.1 IRACS Generated Reports
- Exhibit 3.17.41-1 Trust Fund Excise Taxes Reporting Table
- Exhibit 3.17.41-2 Airport and Airway Trust Fund Reporting Table
- Exhibit 3.17.41-3 Guide to Abstract Numbers
- Exhibit 3.17.41-4 Credit Reference Numbers
Part 3. Submission Processing
Chapter 17. Accounting and Data Control
Section 41. Accounting and Operating Reports
This IRM is written for use by Campus Reports Analysts in Cincinnati's Centralized Excise Operations function. It has instructions for the Accounting area for the analysis and balancing of the Treasury 90 (Gas and Oil) reports. Most accounting reports are covered in IRM 3.17.63.
Excise tax returns processing is centralized at the Cincinnati Campus.
The campus is responsible for monitoring Excise Tax Abstracts on the Web Quarterly Excise Tax Listing (AQETL). If an abstract is determined to be in error, then it will be moved to the correct abstract.
The campus is responsible for monitoring the Treasury 90 (T-90) report for Credit Reference Numbers (CRN); credits or claims from Forms 8849, Claim for Refund of Excise Taxes; 4136, Credit for Federal Tax Paid on Fuels; or 720, Quarterly Federal Excise Tax Return, Schedule C or adjustments. A quarterly report is sent to Headquarters to be used for the preparation of quarterly Refunds and Credits Certifications.
Internal Revenue Service, OS:CFO:R:R:F, Revenue Systems and Analysis, 1111 Constitution Ave NW, Washington, DC 20224.
Most reports are now available to review via the Control-D web interface.
Any questions or suggestions may be directed to OS:CFO:R:R:F.
The NTRR is compiled in the Campus with the source data being both manually derived and computer generated. This is a report of all refund checks sorted by class of tax. Some of the tax classes have sub-divisions for more detailed reporting.
A daily NTRR is generated through the Integrated Data Retrieval System (IDRS) indicating manual refunds processed through that system. In certain cases, more than one line number may apply to one Master File Tax Account Code (MFT).
Line number definitions for the NTRR may be used as a guide for entering line numbers through IDRS.
Line number definitions are in the "NTRR Format Guideline" in IRM 3.17.63.
Manually prepared refunds applicable to excise taxes paid for fuels originally reported on Form 720 for excise taxes dedicated to the Highway Trust Fund (HTF) and the Airport & Airway Trust Fund (AATF) are reported as separate line items. See lines 71 through 79 & 99 on the NTRR.
The claim for refund is made by the ultimate purchaser. The claim is filed using Form 8849, Schedule 1, Nontaxable Use of Fuels. The claim must be at least $750.00. The $750.00 amount may be met by making a claim for fuel used during any quarter of the claimant's income tax year or aggregating amounts from any quarters of the claimant's income tax year for which no other claim has been made. If the dollar amount and/or the time for filing requirements are not met, an annual claim using Form 4136, Credit for Federal Tax Paid on Fuels, must be filed.
The law normally forbids the payment of interest on quarterly fuel tax refunds claimed. See IRS Publication 378, Fuel Tax Credits.
Most HTF and AATF refunds should not appear on the NTRR because all of the Form 8849 Claims should be processed by excise adjustments for posting on the Master Files before refunding. Therefore:
The amount of the original claim will be reported on the T–90 Report, Forms 8849.
The net amount of the refund, after any offset, will be reported on the NTRR generated from the Enterprise Computing Centers (ECC) for both the Business Master File (BMF) and Individual Master File (IMF) as an income tax refund because it is included with the other credits combined with the income tax return refund.
Contact the Headquarters analyst if there are any questions or for additional information.
The IRS certifies the refunds for the trust funds quarterly to Treasury.
The T-90's include CRNs for all campuses.
The T–90 includes Form 4136 filed with income tax returns (IMF 1040, and BMF 1120 Series, 720 Schedule C, 1041, 990–C & T) and with F–8849 Claims for refunds. This data is compiled in each campus containing gas and other credits claimed with returns and F–8849 claims plus audit & DP tax adjustments reflecting adjustments to T–90 data. The Reports also include credits claimed on Form 720 Schedule C and adjustments to Schedule C.
The T–90 Report is compiled from both the BMF and IMF data processed through the Tape Edit Process (TEP).
The T–90 GAS–01–04 reports are prepared by each campus and sent to the Headquarters on a quarterly basis. On a weekly basis, the service centers should monitor the reports data to ensure the Year To Date (YTD) data is correct. Weekly reviews will allow for any report problem to be researched promptly before the source data tapes are scratched.
Treasury Reports Master File GAS–01–04 is automatically scheduled and generated as follows:
Weekly, to accumulate the data from the daily tapes during the week into report titled "Weekly and Quarter To Date," which accumulates the data from the prior weekly reports.
Quarterly, to create a new Treasury Reports Master File. The quarters normally end at the close of the cycle which contain the following dates. Each quarter contains data from good tape transactions processed during the reporting period. Ensure that this report is for "Quarter To Date" and "Year To Date" .
Quarter Year 1st quarter 3–31–YYYY 2nd quarter 6–30–YYYY 3rd quarter 9–30–YYYY 4th quarter 12–31–YYYY YYYY equals current year
Treasury Reports Master File Control Printouts
Verify that YTD records in dollar amounts are correctly totaled to date. Small variances may exist because report data is rounded to the nearest dollar.
Verify that the YTD line item counts are correct or reasonably accurate. Original returns and quarterly F-8849 claims are counted, but amended returns are not.
Review listing of adjustment correction record formats, if any.
File the control printouts.
Refile the adjustment correction record formats, if any.
The report is due in the Headquarters by close of business on the fifth workday after the close of the quarter being reported (see IRM 3.30.123, Processing Timeliness).
The T-90 should be reviewed for reasonableness before it is sent to Headquarters. Any unusual increase or decrease in the counts and amounts reported for each quarter should be confirmed. The findings should be reported or noted on the quarterly report.
Confirm and explain any negative amount figures shown on the reports. In most cases, these will be corrections to prior quarters data that were previously reported.
Ensure that the current Weekly and Quarter To Date counts and amounts are correctly totaled for the Quarter and Year To Date (Cumulative, or Cum) — Total on the report. Ensure that for the first calendar quarter, which is for the quarter ended March 31, that the Weekly and Quarter To Date amount equals the Quarter and Year To Date—Cum Total.
Ensure that the Year To Date—Cum Total equals the sum of the calendar quarters reported to date. For example, the sum of the amounts for the March and June quarters will equal the Year To Date—Cum at June 30th.
The specific credits allowed for T–90 Credits are presented in a table format. This table corresponds to the line items on the T–90 report. The table shows the credits allowed and the tax years for the allowable credits. See Exhibit 7, Credit Reference Numbers.
The T-90 report is divided into seven parts. Pages one and two represent credits claimed with income tax returns on F-4136. Pages three and four represent credits claimed with F-8849. Amended returns data is also included in pages three and four data. Page five is for credits claimed on Schedule C of F-720, and page six is for adjustments to these credits. Page seven is a summary page.
The fuel tax credits are certified by IRS to Treasury's Financial Management Service (FMS) on a quarterly basis. These credits are charged to the AATF, HTF, and other trust funds. Therefore, it is important that these credits are reported correctly on the T–90.
When there is a program change to add new CRN's, the program change has to be run after the quarterly and YTD reports. When this happens, there is a reformatting of the report which requires the YTD data to restart from the date of the program change. This means that the following can happen:
There can be multiple program changes that require the YTD figure to restart.
The total YTD amount requires adding each of the YTD figures.
The regular balancing must be done to confirm the weekly reports are all included in the QTD runs.
This section lists the areas that provide information related to credits and refunds reported on the T–90 reports for the IMF and the BMF. The general functional areas are:
IMF and BMF.
Audit Information Management System (AIMS).
Computer services (IMF and BMF).
Credits claimed that are passed on to the T–90 originate from:
original income tax returns with F- 4136 for credits.
amended income tax returns.
F-8849 claims with supporting forms.
The T–90 related credits may be claimed on the following forms as follows:
Form 4136 Computation of Credit for Federal Tax on Gas & Special Fuels. F-4136 is updated for each calendar tax year.
Form 6478 Special Alcohol Fuels Tax Credit.
Form 720 Schedule C.
List of Returns and Master Files involved are:
IMF Form 1040 series.
BMF Forms 1120 series, 1041, 990–T, and 1120–FSC.
BMF Forms 1120 F and L.
BMF Form 1065.
Consists of seven pages for credit amounts plus statistics:
Page Numbering Description Page 1 Returns Forms BMF Page 2 Returns Forms IMF Page 3 BMF 8849 Claims and Adjustments Page 4 IMF 8849 Claims and Adjustments Page 5 Form 720 Schedule C Claims Page 6 Adjustments to Form 720-C Page 7 Claims Dollar Stratification Report—Line Items (From T–90). Summary Info
Line Items Counts are from the line items listed on the T–90, which equate to the line items on the form 4136. Be aware that some F-4136's may have two or more line items present.
Dollar Claim Ranges are listed on the left hand side under Line Numbers 1 through 23.
Total Counts—Line Items are on line number 24 for the totals for each data column.
Counts are stratified into two sections, with four columns each. The two sections are:
Numbered (1) through (4) under title for "This Week" or "This Quarter" reports.
Numbered (5) through (8) under title for "Current Quarter" or "Year To Date" reports.
Each section's four columns represent the counts for six reports of credit data:
BMF F–8849 claims.
IMF F–8849 claims.
IMF F–8849 claims.
Adjustments for 720 C claims.
Line Items to be researched will be found on the F–4136 Stratification Report in the:
Equal or same dollar range.
Higher dollar range.
Page 6 is a Claims Dollar Stratification Report—F-4136 (total's from F–4136).
F- 4136 count totals are summarized on the T–90 as a memo count.
F-4136 dollar amount represents the F–4136 gross amount of credit, (the combined amounts of all line items present).
This report should be used to determine number of claims to be confirmed based on minimum dollar limits.
Page 7 is a Recap of Counts and Average Items and F-8849/4136 Claims.
Line numbers 25 through 30 identify the:
T–90 data counts and dollars being recapped.
Purpose or objective of recap.
Line 27 Average Line Item Amount:
If lower than minimum limits set for review, then no large items are required to confirm.
If higher than limits set for review, then one or more items to confirm.
Line 29 Average F–4136 Amount:
Use the same review concepts as for line 27.
Line 29 average should always equal or exceed line 27 average.
Line 29 average indicates average dollar range of F–4136's.
Line 30 is the difference between lines 27 and 29.
Line 29 F–4136 average should equal or exceed line 27 average.
An equal or low average means most F–4136's have only one line item present.
A high average means most F–4136's have multiple line items present.
Line 29 average indicates how closely the individual line items on T–90 match the F–4136 gross/combined total. The lower the average, the easier it is to match individual T–90 line items being reviewed to the F–4136 amounts for research on the Daily DLN Listing.
P–R–F GAS–01–40 This Week and QTD.
P–R–F GAS–01–42 This Quarter and YTD.
P–R–F GAS–01–44 Gas Adjustment List—shows valid adjustments list for this pass.
P–R–F GAS–01–46 Gas Adjustment Error List—shows invalid adjustments for this pass.
Consists of seven sections with one or more pages per section.
Page Contents GMF 15-48 BMF forms with F-4136 GMF 15–49 IMF forms with F-4136 GMF 15–50 BMF F-8849 claims and adjustments GMF 15–51 IMF F-8849 claims and adjustments GMF 15-52 F-720 C claims GMF 15-53 F-720 C adjustments GMF 15-54 Summary with combined control totals
The Daily Extract Reports GMF–15–48 to 15–53 have eight columns of data in each section.
Item Description BLK… "Alpha Block Control" TIN… (IMF = SSN, BMF = EIN) TXPD… Return CY/P Y or Claim DLN… "Document Locator Number" Form 4136 CR… Money amount Overpayment WPT… (Form 6249) money amount Alcohol Fuel CR… (Form 6478) money amount "Today's Totals" … Column total of money amounts.
These runs provide control totals to be used for balancing to the totals of the T–90 reports.
The "Today's Totals" line from the daily extract reports should be recorded and accumulated on a manually prepared control work sheet.
The control work sheet will serve as a log of the inputs and totals to be accumulated for control purposes. Two sets of worksheets will be required as follows:
Weekly and Current Quarter Cum.
Calendar Year Cum. This proves that the four quarterly totals equal the YTD totals. Be sure to include all YTD totals.
The proposed control work sheet column format, for example, would be:
Cycle "YYYYCC" or Date of Run "MMDDYYYY " in the first column.
The money amount columns across the page should be in the same sequence as on the reports. For example IMF F-4136.
Combined Total. Obtained by adding up the amounts of columns 1 through 3 in "(b)" above.
Quarter To Date Cum Total. Obtained by adding the sums of the latest week to the balance forward for the quarter.
There are six sections to match up to Pages 1 through 6 of GAS–01–04:
BMF 8849 Claims.
IMF 8849 Claims.
F-720 C Claims.
F-720 C Adjustments.
Control Work Sheets required weekly and quarterly.
Weekly to accumulate the daily run totals for dollar amounts and counts.
Quarterly to accumulate the weekly totals for dollar amounts and counts.
The weekly and quarterly work sheets may be combined into one sheet by recording the quarter balance forward amounts at the beginning of each weekly cycle.
Each control work sheet should have the identifying dates recorded on the upper right hand side for week, quarter, and calendar year ending MMDDYYYY.
The quarterly control work sheet totals must equal the totals on the T–90 reports for the weekly and quarter to date reports.
The current quarter to date column totals will equal the quarterly amount in the quarter column on the quarter and year to date reports.
Control work sheet for the calendar year.
Create a calendar year control work sheet to accumulate the quarterly totals. Use the same format as for the weekly and quarterly control work sheets.
Record quarterly dollar amount totals.
Record quarterly count totals.
Compute cum totals for amounts and counts.
The calendar year cum totals must equal the totals on the T–90 Reports for the quarter and YTD reports.
The accumulated sum of the daily extract report totals for the week, usually five processing days, will equal the respective sums printed under the week column on the "Week and Quarter To Date" T–90 Report. The "Quarter To Date" column respective totals will equal the sum of the week's totals accumulated into the current calendar quarter totals.
The T–90 reports are calendar year cum reports. There are two sets. First, the "Weekly and QTD" kept by the SC, and second, the "QTD and YTD" which is sent to Headquarters at the end of each quarter. The totals of all of these reports must be reconciled to the Control Work Sheet totals. At the end of each calendar quarter, the accumulated sum(s) of the "QTD" columns must equal the "YTD " columns totals.
The proof totals should equal the GAS–01–04 report's totals except for rounding adjustments.
Documents, reporting credits, should be sampled on a regular basis to ensure valid processing and extraction of the credits. Each of the sections must be scanned to look for unusually large credits or reversals that should be confirmed. Please use the following as minimum guides:
Form Dollar F–4136 $25,000 F–8849 $25,000
Select at least the following number of documents each month to ensure the minimum amount of review is being done (Consult with the T–90 analyst for any assistance needed to arrive at a reasonable level of review for your SC):
Forms Number BMF Returns 2 IMF Returns 1 BMF 8849 Claims 2 IMF 8849 Claims 1
The credit amount is confirmed by requisitioning the return or Form 8849 claim to determine if an appropriate supporting form is attached, or if the claimant input correctly. If not, then a correction must be made to back the credit out of the report or correct it on the report.
Confirming credits on a selective or random sampling basis is necessary in order to ensure the integrity of the credits allowed and to confirm that there are no processing or systemic problems.
If there are several large dollar amount credits present, select only one or two documents for each MFT and document code.
If the credits inspected are valid, assume the remainder of the group for that cycle are valid.
If the credit documents inspected are in error, then confirm additional documents from that same MFT group.
If all the documents inspected are invalid, advise headquarters and continue research to determine the cause. Prepare a ticket if it is a programming or systemic error.
Always requisition documents to confirm credits for:
Initial processing of a new return.
Implementation of a major tax law change.
Implementation of programming corrections.
Programming changes for each new calendar year
New line items changes on the T–90 report.
The F720 Schedule C items are verified in compliance excise for large returns.
Maintain a work sheet to accumulate the adjustments required for the quarter. Record the MMDDYYYY for the quarter.
Record each correction adjustment separately. This will:
Provide means to reconcile adjustments requested to control totals.
Provide proof of individual adjustments.
Provide a historical record.
Ensure accuracy of the average dollar amount per report line item and dollar stratification report.
Correction adjustments should only be combined by line items if the number is excessive due to systemic problems.
Do not combine line item counts unless in excess of twenty (20) per line item. In this way, the Dollar Stratification Report will not be distorted due to corrections.
Note on the report the line items and amounts corrected.
Make sure all correction adjustments are input before the end of each calendar quarter and each year end. This will prevent the need to footnote reports for:
Carryover items corrected for prior quarter.
Uncorrected errors pending.
Questionable and unresolved items pending.
Correction information must include:
Alpha Line IDs (A through O).
Net count change, plus or minus.
Net money amount change, plus or minus.
Compute separately for each of the T–90 pages:
BMF 8849 claims.
IMF 8849 claims.
Form 720 C credits.
Form 720 C adjustments.
The amounts are entered by line item and are converted to CRN's on the T–90 reports. After 2008, they will be entered by CRN, like the F 8849 and the 720 C.
The averages are computed for both the current period (Week or Quarter To Date), and cum period (Quarter or Year To Date).
These average amounts and counts should be used as a guide to determine if there are large dollar amount claims that should be confirmed.
Be aware that a single Form 4136 may have more than one line item credit present.
Each credit/claim will be included for each of the four T–90 Reports. There are two reports:
By Line Items.
The counts shown on these two reports are shown by dollar ranges and they should be used to ensure that large amount claims are considered for confirmation.
Individual F- 4136 credits/claims may be determined by reviewing the daily Document Locator Number (DLN) listings.
These two reports may be useful to various IRS examination, adjustment, and other functions interested in detecting fraudulent claims. These reports can provide statistics for screening, reviewing, and auditing claims.
Data from the four T–90 reports are recapped to provide a summary of claims processing.
Total dollar amounts should equal the total amounts from the four T–90 reports.
Advise the headquarters of any material change in counts or average amounts. Otherwise, the analysis will be performed by those functions concerned with claims processing, reviewing, and auditing.
Ensure the three statistical reports, page 5, 6, and 7, are also sent along with the T–90 reports to the headquarters quarterly.
Invalid Claims are those that were coded or processed as Form 4136 claims in error:
IRS error, no F-4136 present.
IRS error, input gallons as money amount.
IRS error, input TIN as money amount.
IRS error, amount input with extra digits.
IRS error, amount figure inverted.
IRS error, wrong CRN used.
Invalid claims disposition—correct.
Potentially fraudulent claims are those that may be totally invalid. Here are some clues:
Filer usually uses a Post Office Box as an address.
Filer just recently obtained a TIN.
Filer has no prior business returns on file.
Filer may have filed multiple claims for the same amount, but under different TINs/Names.
Filer may have filed multiple claims using somewhat similar names.
Filer may have filed multiple claims using same local address.
Filer is an individual, but files a corporation claim.
Type of fuel claimed may not match up to business use indicated.
Filer may not have a business schedule "C" present on the master file income tax for the prior or current period.
Perform the following steps if a potentially fraudulent claim is identified:
Retain a copy and turn claim over to the Adjustment or Examination Division.
Advise Headquarters by telephone of count and amount.
Do not reverse these items because at this point the claim is only suspected to be invalid. If there is any resolution by IRS, the reversal will be reflected in future reports. If the amount(s) are material, Headquarters will advise Treasury.
Any credits with CRN 318 should be requisitioned and confirmed.
Treasury reports adjustment correction records must be prepared to adjust the cumulative data used in the preparation of the T-90.
Adjustment correction records are required to be prepared:
When there are invalid transactions that affect the T–90 report, usually due to erroneous input affecting the T–90 data only.
When there are invalid counts or amounts on the report, usually due to computer program or computer related problems.
Adjustments are not required to be made for unpostables transactions because the T–90 computer report accumulation programs properly account for unpostables that are either perfected, nullified or deleted.
The adjustment correction record information prepared by the campus accounting function is input to correct the T-90 report.
Whenever it has been determined that an adjustment is necessary to the Reports Cum File because of a programming error, send a memorandum to the Headquarters, OS:CFO:R:S:I, giving the following information:
Name of Report and Program Run File Number (P–R–F).
Service Center, type of tax and amount of adjustment.
Line item identification.
Reason for adjustment.
Correction adjustments for revenue receipts for both the BMF and the IMF reports are made to the Automated Non Master File (ANMF) report generated in Cincinnati.
Errors discovered after the review of the T–90 reports, DLN listings, and random confirmations must be corrected on subsequent T–90 reports.
T–90 errors fall into two categories. The category type depends on:
Whether the error impacts only the T–90 Report.
Also impacts the taxpayer's Master File (MF) Account.
The category types of error impact conditions are:
Errors that do not impact the net credit on the TP's MF account. These errors must be corrected using the RPA/SA's demand terminal. This would correct the T–90 report only, and not the TP's account.
Credit amount correct on F–4136, but on the wrong T–90 line.
Errors impacting both the net credit on the taxpayer's MF Account and the T–90 Report. This error must be corrected on the TP's MF account because the claim was either completely erroneous, overstated, or understated. Do not manually correct the T–90, as the adjustment transaction will correct the T–90.
If errors impact the taxpayer's MF account, then the following steps should occur:
When originated in ISRP, ask adjustments branch to correct.
When originated in an area other than original input (ISRP), please return to the originator with an explanation requesting correction.
If the error is over $100,000, please advise headquarters of the correction that is pending.
T–90 errors or questionable items are normally either:
Noticed on the daily DLN listing.
Indicated on the T–90 weekly and quarter to date.
Determine the source type of error (The types are on pages 1 to 6):
BMF Claims F-8849.
IMF Claims F-8849.
Form 720 C claims.
Form 720 C adjustments.
Determine on which CRN the item to be corrected was first reported.
Look at daily/weekly reports to determine where that amount first appeared.
If amount is very large, it is easy to find. If amount is small, it may be difficult to isolate and find. You may have to use your best judgement to determine which line is to be corrected.
List the corrective actions on the T–90 correction work sheet:
Reverse out 100% of the original error.
Re-enter the correct amount, if the original amount is required to correct the report.
Reverse out and re-input each error and correction separately. Compute the corrections separately for both each type and each line item.
Corrections must be input separately in order to accurately compute the average claim by line item and dollar stratification for each F–4136 amount.
Proposed format of T–90 correction work sheet:
Header across top, left to right "Return, 8849 Claim. BMF, IMF, line item, count + or −, money Amount, Count if F–4136. "
Enter a check mark under either the return or F–8849 Claim.
Enter a check mark under either BMF or IMF.
Enter the line alpha letter under line item.
Enter under count + or −, either +1 or −1.
Enter the money amount (without a decimal).
Enter count of +1 or −1, if a F–4136 error.
Present this T–90 correction work sheet to the technician to enter on the demand terminal.
The technician will input the date on a special MITS terminal.
Each time the T–90 is run, a "Gas Adjustment List" , generates both the P-R-F GAS-01–43 invalid adjustments, and P-R-F GAS-01–44 valid adjustments.
If corrections were input, re-submit any invalid corrections until they are valid.
Record corrections +/− on the T–90 controls. The new T–90 YTD should match the revised control totals (YTD plus/minus corrections).
Maintain a historical record of all corrections.
Make a photocopy of the document indicating the credit or error.
Place in the T–90 correction file for the calendar year.
Master File Report of U.S. Internal Revenue Receipts, is generated monthly at ECC at Martinsburg and is available using Control-D. This report contains the data for each campus.
ANMF Report of U.S. Internal Revenue Receipts is generated monthly by each campus and printed or is available using Control-D. The report is associated with the Revenue Receipt Classification Summary Report.
Revenue Receipt Classification Summary Report is generated each month by IRACS.
Summary of Rejects and Unidentified Revenue Receipts is compiled each month and is associated with the MF Report of U.S. Internal Revenue Receipts.
The NTRR is prepared monthly. It is generated by IRACS.
Gasoline, Diesel, and Special Fuels and Other Credits Claimed on Income Tax Returns or with F–8849 Claims for refund for both IMF and BMF (Report Symbol T–90) is printed weekly and quarterly.
The T–90 GMF GAS–01–04 should be generated and printed weekly.
The T–90 quarterly report is not automatically generated at each quarter end. Therefore, the campus accounting branch must ensure it is requested quarterly.
The Report of Corporate Collections Table S–2 and Report of Individual Collections Table (S–2); (Report Symbol T–91) are generated monthly at ECC. A report containing the service center summary is furnished each service center.
The Excise and Internal Controls Section (OS:CFO:R:S:I) receives reports from each Campus and from the Enterprise Computing Center(s) (ECC).
The processing timeliness cycles, criteria and critical dates are in IRM Section 3.30.123, Processing Timeliness: Cycles, Criteria, and Critical Dates.
Headquarters, with the assistance of the service center reports analysts, monitors and properly reports certain trust fund excise taxes.
The Secretary of the Treasury is the trustee for the administration of certain trust funds. The IRS is responsible for monitoring and reporting the excise taxes that make up each trust fund. Most of these taxes are reported on a quarterly F-720.
The IRS certifies quarterly to FMS the amount of certain net excise tax collections. This data is also furnished to Treasury's Office of Tax Analysis, to other government agencies, and it is published in the quarterly Statistics of Income Bulletin and the Commissioner's Data Book.
The trust funds certified are:
The Highway Trust Fund (HTF), established by the Federal Aid to Highway Act of 1956 for the purpose of providing funds for highway development.
The Airport and Airway Trust Fund (AATF), established by the Airport and Airway Revenue Act of 1970 for the purpose of expanding Federal aid for airport planning and development.
The Black Lung Disability Trust Fund (BLDTF), established by the Black Lung Benefits Act of 1977 and the Black Lung Benefits Reform Act of 1977. The purpose is to finance certain benefits for certain disabled victims of black lung disease.
The Inland Waterways Trust Fund (IWTF), established by the Inland Waterways Revenue Act of 1978 for the purpose of providing funds for navigation construction and rehabilitation projects on inland and intracoastal waterways.
The Hazardous Substance Response Trust Fund (HSRF), established by the Comprehensive Environmental Response, Compensation, and Liability Act of 1980. This Act also established in 1983, the Postclosure Liability Trust Fund. The purpose of the Act was to provide funds for emergency response, removal, containment, and other actions as provided under the Solid Waste Disposal Act. This Act is also known as CERCLA, PL 96–510. The three taxes imposed expired at 9–30–85. The Hazardous Waste tax was repealed in full. The petroleum and chemical taxes were reinstated at 1–1–87 as part of the Hazardous Substance Superfund, PL 99–499.
The Aquatic Resources Trust Fund (ARTF), was established by the Tax Reform Act of 1984 for the purpose of funding programs for fish restoration and boat safety, beginning 10–1–84. It is now known as Sport Fish Restoration and Boating Trust Fund.
The Earmarked Funds are reported to Treasury and to the Department of Interior's Fish and Wildlife Service. These funds are provided for by various public laws and under the provisions of the Federal Aid to Wildlife and Fish Restoration Acts. The Tax Reform Act of 1984 increased items taxable for the sports and recreational excise taxes that are dedicated to the Earmarked Funds.
The Leaking Underground Storage Tank Trust Fund (LUST–TF) was established by the Tax Reform Act of 1986, PL 99–499 for environmental clean up purposes.
The Oil Spill Liability Trust Fund (OSLTF) was established by the Tax Reform Act of 1986, PL 99–499 for environmental clean up purposes. PL 99–499 also reinstated the HSRF and repealed the PLTF. This Trust Fund was restored again in 2006.
The Hazardous Substance Superfund (HSS–F) was established by the Superfund Amendments and Reauthorization Act of 1986, PL 99–499, effective at 1–1–87, TXPD 8703. The HSS–F will include the amounts from the HSRF that expired at 9–30–85.
Vaccine Injury Compensation Trust Fund (VICTF) was established by Omnibus Budget Reconciliation Act of 1987 (PL 100–203, OBRA of 1987) effective 1–1–88, TXPD 8803. The purpose is to provide compensation for vaccine-related injury or death after 9–30–88.
Ozone Depleting Chemicals Fund (ODCF) was established by PL 101–221, Section 7506, and amended by PL 101–239, Section 7506. The taxes imposed are effective 1–1–90. The purpose is to encourage replacement of Ozone Depleting Chemicals (ODC) that are either manufactured or imported.
The excise taxes reported on Form 720 are divided into monitoring groups.
Each excise tax reported is identified by an IRS number (abstract), excise tax description, trust fund (if applicable), and other information.
The Cincinnati Campus Reports Analysts (CRA) should allocate sufficient time and priority to accomplish the monitoring tasks promptly after the AQETL is updated with new data.
The CRA should be able to estimate the amount of initial time needed to monitor the number of accounts requiring review based on the:
AQETL number of accounts extracted.
Million dollar BMF records reports volume.
The notes on the AQETL from the headquarters analysts indicating research is required and errors should be corrected.
The CRA may determine the status of the F–720 account monitoring based on the volume of accounts listed on the "Million Dollar" Reports.
The primary purpose of the communication with Headquarters via AQETL is to:
Ensure that no corrections are overlooked.
Ensure that headquarters has not missed any material adjustments/corrections.
Request return for posting confirmation, line 4 adjustments, or information listed on the return by the taxpayer.
The secondary purpose is to allow CRAs to determine:
The current workload and the amount of additional research and correction activity to be done for any period.
The number of outstanding corrections from prior reports.
The Reports Analysts can ensure responsive and timely monitoring as follows:
Prompt review of the AQETL, in order to determine number of potential errors this period.
Prompt requisition of returns and documents for inspection.
Prompt input on IDRS of corrections for posting errors allowed to be corrected by the Analysts.
Systematic transfer of returns with errors required to be corrected by Excise Adjustments.
Prompt and reasonable time frame monitoring guidelines are to:
Have corrected prior quarter reports errors by the end of the succeeding quarter.
Have corrected routine errors discovered on the Weekly Million Dollar BMF Reports Listing within 4 cycles after receiving the report, but no later than 8 cycles.
Factors increasing monitoring needs:
Reporting and input posting errors due to type of taxpayer.
IRS input errors.
Implementation of new taxes and new taxpayers. There always are more errors in the first few quarters until taxpayers learn to report taxes on the correct abstract lines.
Monitoring timeliness response is normally considered met if:
IDRS input posting corrections, determined without the need to secure the returns to confirm, are made within 3–4 cycles of the receipt of the AQETL.
Requisitioned returns and documents needed are requisitioned within one 1–2 cycles of receipt of the report.
Prompt action taken on new or first time extractions. This occurs because an account may not be extracted until the current month, yet the error may have occurred several cycles earlier.
SCRA Reporting to the Headquarters:
Telephone confirmation of unusually large adjustments input or errors discovered/confirmed in the last couple cycles of the reporting quarter. The reason is that the current AQETL due may not contain those postings until the next monthly report.
Keep the Headquarters informed of Processing delays, Material adjustments, Settlement of large excise tax law cases and Systemic problems that would materially affect processing and reporting via notes on AQETL or telephone confirmations.
Top 100 F-720 Filers Tax Period 200XXX:
This list is to monitor the timely posting of the Top 720 Filers.
The data is extracted using TXPD 200X09 each Fiscal Year.
There are approximately 140 filers on the list.
The list is sent out approximately 1 month after the end of the tax period.
The excel worksheet contains TIN, TXPD, name control, trust fund, amount posted, cycle return posted and comments (return posted, return received, if there is a problem in posting, etc.).
TREAS–92, Summary of Excise Tax Liabilities Report, includes data from:
Original F–720 returns, TC 150.
Amended returns processed as TC 290.
DP adjustments, TC 290 and 291.
Audit adjustments, TC 300 and 301.
Account transfer-in, TC 370.
TREAS–92 is fiscal year to date report ending each 9–30–YYYY.
TREAS–92 generates monthly for: transactions 180–40–11, and ECC posted 180–50–11. The automated report is 180–52–11.
Excise tax detail data is listed by abstract number and dollar amounts (no cents). Abstract numbers and amounts are listed in groups for the trust funds and the general account.
TREAS–92, Summary of Excise Tax Liabilities is reviewed quarterly by headquarters.
The CRA is not required to manually compute the variances and develop adjustments to arrive at the amount properly due each quarter.
The CRA, however, may be requested by headquarters to assist in determining cause of unusual dollar variances. The most logical reasons are errors and late postings.
The CRA should inform Headquarters when very unusual situations adversely impact the processing and reporting of the data. Listed below are the methods employed in the review of the report.
Quarterly compare the dollar amount of variance between the current quarter and the prior quarter this year and one year prior.
Annually compare current Fiscal Year (FY) totals with the prior FY totals.
The most effective review methods are:
Analysis of net change by exception.
Normal growth trend.
Expected no change.
Seasonal or cyclical patterns.
Unusual negative figures.
Look for large CRN's related to abstracts for:
Prior FY corrections posting in this FY.
Refunds of prior period taxes repealed retroactively.
Partial refund of prior period taxes that are all claimed in the current quarter or FY.
Large audit adjustments applicable to prior period expired or repealed taxes.
IRS input error, such as an abnormally large dollar line 4 CRN.
Prior FY number 80 unidentified, which was corrected in the current FY.
Negative figures are more likely to appear on the TREAS–92 Report in the first months of the new FY before there are enough normal positive postings to absorb any negative postings.
Look for normal increases in the dollar amounts reported for those taxes when the:
Economy for that business is improving.
Tax rate increased.
New items are included in the tax base.
New tax is imposed.
IRS is having compliance drive.
Look for no change or minor change up/down when:
Economy is normal or slowing down.
Industry experiences seasonal fluctuation.
Look for decrease in the dollar amounts reported when the:
Economy is slowing down, industry layoffs, industry is in a recession.
Tax rate has decreased.
Other events occur, such as strikes, acts of nature.
New IRS Rules and Regulations are issued.
Tax Law Case sets new precedent allowing credits.
Tax Law change allows tax exemption or partial credit.
Tax is repealed retroactively.
Prior quarter or FY corrections are input.
Large accounts go Unpostable. This happens also when TP files two returns, the first is for Floor Stock Tax, and the second is for the normal taxes due at a later date.
Look for large increases or decreases when:
Major processing problems or delays exist.
Large account is coded incorrectly.
Large correction is input incorrectly.
Data input as No. 80 Unidentified.
Audit corrects an account that had already been corrected.
Reversals/corrections input are applicable to a prior FY.
Audit adjustments to reclassify a tax for several TXPDs are all in the same month, quarter and FY.
Prior FY No. 80 Unidentified debits or credits are being corrected this FY.
Unusual Adjustments from current TXPD F–720, line 4 credits, which apply to prior TXPDs.
Erroneous inputs and DIS overstatement errors occur.
CRA monitoring schedule should evolve around the receipt of the monitoring reports received weekly and monthly.
Weekly, review the AQETL which lists current and prior TXPD postings.
Determine overall number of corrections, and number of returns and documents needed to confirm or correct postings.
Requisition the returns needed to confirm or correct postings.
Confirm proper posting of corrections input or requested through adjustments.
Weekly, review the Weekly Posted Million Dollar BMF Records Report using Control-D.
This prompt review will allow lead time for the CRA to make some corrections before the end of the month, quarter, and FY end.
This prompt review will also allow the CRA to requisition returns before the returns are requested by others or sent to the Federal Records Center.
The Million Dollar Report lists all F–720 tax liability transactions for abstract amounts of $5,000 beginning April 1993.
Promptly perform a visual study of the report to determine:
Valid abstract number for each filer.
Logical abstract number based on key words in the taxpayer's (TP) name or common knowledge indications of what taxes that TP would be reporting.
Reasonableness of the dollar amounts being reported based on the filer or abstract number.
Monthly, review the Million Dollar BMF Records Report to ensure all errors accounted for. The weekly listings are reviewed using Control-D.
Quarterly, review the F–720 IRS Numbers Count Report to determine if the counts are reasonable and there are no material exceptions.
Monitor the Form 720 IRS No. Counts Report. CRAs should record counts in an Excel spreadsheet.
Monitor the Posted Million Dollar reports received weekly and monthly via Control-D.
Maintain a file of returns reviewed. Copies are made from returns obtained from:
Files section when requisitioned.
Code and Edit, courtesy copies for returns over one million dollars.
Utilize other systems as follows:
Comments on AQETL.
Notes on the monthly million dollar BMF report.
Case folder with history sheet.
Closed case listing maintained by CRAs.
The AQETL report extracts F-720 postings.
The data is reported in EIN account sequence.
The accounts are reported in tax period (TXPD) sequence.
Tax liability transactions (TC) are listed in posting cycle (YYYYCC) sequence with abstract numbers and dollar amounts for each TC.
The criteria for extraction is based on:
Initial base of the TP account in the four prior CY TXPDs.
IRS abstract numbers.
Dollar amounts by abstract number is key for extraction:
Determined by combining both + and − dollar amounts present for each TXPD.
Amounts are combined for TCs present which are: TCs: 150, 290, 291, 300, 301, and 370.
The extraction criteria is determined by the Headquarters analysts.
The AQETL is extracted at ECC Martinsburg from the BMF Form 720 and adjustment data.
The AQETL is downloaded weekly.
The AQETL lists all TCs 150, 29X, 30X, and 370 posted by TXPD and cycle.
Review each one listed to determine if return posted or if adjustments requested posted. Confirm if postings are reasonable/correct.
Determine if abstract(s), CRNs and amount(s) posted are consistent and in normal ratio with prior quarters.
Determine if each abstract number reported appears logical for that firm based on their name or business.
Follow up on adjustment requests (TC29X) that did not post in the quarter just ended. Adjustments of $5,000 or more for each abstract will appear on the monthly Million Dollar BMF Reports Records Listing. Those under $5,000 can be confirmed on IDRS or the AQETL.
Review the first two or three quarters' filings of new companies on the AQETL to ensure the abstract(s) reported are consistent and logical for that TP. If questionable, obtain return(s) to determine issue. If necessary, contact TP to resolve the problem.
Follow up all postings to abstract No. 80 "unapplied or unidentified amounts" to insure that the amount is transferred to the correct abstract, usually by TC 29X. These must be transferred to the correct abstract so they appear on the proper certification.
Refer to separate review instructions for "TC 370 Account Transfer-in Review" .
Monthly monitoring of the Highway Use Tax (HUT) reported on F–2290 ensures data is reasonably consistent with prior year periods.
If data variance is material, advise Headquarters Highway Trust Fund analyst by telephone. De-cum the data monthly and compare the data to the same month and quarter of the prior year.
HUT F–2290 data is reported on P–R–F 180–40 AND/OR 50–11, titled "US REPORT INTERNAL REVENUE RECEIPTS" . This data represents net collections after adjustments. It is available on Control-D Web.
HUT is required for each truck put into service. The annual return covers the period July 1 through June 30. Whenever a truck is put in service on the highways after July 1, the tax is due at the beginning of the next month, and is prorated for the remainder of the twelve month annual period.
It is normal for AATF abstracts: 26, 27, and 28, and 14, 69 and 77 to be reported by airline passenger, airline freight and airport service businesses. The original AATF expired 9–30–80 with TXPD 8009, and was reinstated 9–1–82 with TXPD 8209.
It is normal for a full service airline to report any combination of 26, 27 and 28. Domestic airline passenger service firms would be 26, airlines with international departures would be 27, and airline freight would be 28.
It would be normal for firms providing airplane and airport services to report tax on fuels used in noncommercial aviation as follows: Aviation gasoline fuels as 14, and Aviation fuel (other than gasoline) as 69. Normally 14 is smaller than 69 when both are present together for air service filers. If a firm is not an air service filer, then any combination of 14 and 69 with 61 and 62, or 14 and 62, or 61 and 69 is usually an error. To confirm the error, compare to prior TXPDs, confirm the NAIC, obtain and inspect the F-720 for that TXPD, and if necessary check with the taxpayer.
An air freight firm will normally only report 28, not 26/27.
It is normal for airlines reporting 26 to have both a + and a − for 26. The −26 represents ticket refunds for taxes reported in prior quarters. This credit is always reported on the Adjustments (line 4) section of the F-720 claiming the credit.
Most common error is the abstract 26 being reported or posted as 22.
If F-720 filer is an airline, correct without securing the return. If any doubt, secure the return to confirm.
Another common error is for 26 and 27 to be reported as 27 and 28. Secure the return to confirm and correct.
See Exhibit 1 for Abstracts 53, 54, 16, 17.
HTF Abstracts are: 35, 60, 61, 62, 63, 57, 58, 59, 65, 66, 67, 68, 73, 74, 75, 76, 101,117 and 33. Also 85 and 86 for TXPD 8806. Also 78 and 79 at 1–1–91, TXPD 9103, No. 88 for TXPDs 9312 and 9403, No. 35 and 101 for TXPD 9312 , No. 35 and 103 for TXPD 9809. 104, 112, 117, 120, 121, 122, 123, 124 in 2006. See Exhibit 4.
Abstracts for tires are 66, 108, 109 and 113. Some large auto or truck manufacturers report both 66 and 33.
Usually 60, 61 and 62 are present together for oil companies.
Normally 62 the largest amount, then 60, 61 or 78 when 62, 60 and 61, or 62, 60, 61, 78 and 79 are present together.
Floor Stocks applicable to the HTF and others are listed under floor stocks. See Exhibit 4.
Abstract 35 kerosene effective 1998. The rate of the tax for kerosene is the same as Diesel fuel Abstract 60.
Abstract 103 was effective July 1, 1998 for floor stock on kerosene.
Abstract 61 is Liquefied Petroleum Gas (LPG) propane effective October 1, 1997. The other types of fuels that were reported under Abstract 61 in the past should now be reported under Abstract 79 Other Fuels. There are new Abstracts for LPG, 112, and other special fuels, 121–124.
Number 40 only valid for producer or importer of automobiles sold that do not meet certain fuel economy ratings per F-6197.
If valid abstract 40, the tax is all dollars, (there are no cents in the tax rate).
Normally manufacturers (includes producer or importer) of motor vehicles report 40 Fuel Economy (Gas Guzzler). Although this is not part of HTF, many groups are interested in the amounts reported.
Normally earmarked funds abstracts: 44,102 and 106 are reported in some combination by sporting goods companies.
It is most unusual for the Earmarked abstracts to be reported with any others, such as: BLDF, HTF, AATF, and IWTF.
In the Revenue Reconciliation Act of 1997, Bows and Arrow were separated. Bows remain as Abstract 44. Abstract 102, Arrows—Component Parts, was effective September 30, 1997 to March 31, 2005. Abstract 106, Arrow Shafts, was effective April 1, 2005.
Abstract 64 is reported by users (barge lines) of Inland Waterways.
Normally only 64 is present.
Most common error is 64 being reported as 61 or 61 being reported as 64. If the prior TXPDs indicate which abstract should be reported, then correct them without securing the return. If any doubt, then secure the return to confirm.
The NAIC Code is usually 4400 or 4040.
Abstract 55 was reported by Hazardous Wastes disposal sites from 1983 to 1985.
Most 51 (Alcohol sold as, but not used as fuel) postings should be 62, and should not be on a F- 720.
Secure the Form 720 return to confirm and correct.
Abstract 51 is a penalty type tax incurred when alcohol claimed as a credit on F-6478 by the taxpayer is not used to make gasohol.
Most 31 postings should be 30, Foreign Insurers.
Secure the Form 720 return to confirm and correct 31 to 30.
Abstract 31 is a penalty type tax incurred when brokers sell Obligations (Bonds) not in registered form.
Most common error is the posting of abstract 22, telephone tax, as abstract 26, Transportation of Persons by Air.
If Form 720 filer is a telephone company, correct without securing the return. If any doubt, secure the return to confirm.
Application of communications tax to prepaid telephone cards is reported under abstract 22 (Telephone). The face amount of such card shall be treated as the amount paid for such communications services, that amount shall be treated as paid when the card is transferred by any telecommunications carrier to any person who is not such a carrier. Effective date—applies to amounts paid in calendar months beginning more than 60 days after the date (November 1, 1997) of the enactment of this Act. The enactment date was August 8, 1997.
The tax for long distance telephone charges has been revoked. In 2007, for 2006 Tax Year, individuals or corporations could take a deduction for tax paid on long distances phone calls against their 1040 type or business type returns. Revenue for abstract 22 has decreased from 2004 to 2006.
VICTF abstract 97 is reported by drug manufacturers, producers, or importers. There may be increases or decreases as types of vaccines are added or removed from taxable vaccines.
Leaking Underground Storage Tank (LUST) taxes are imposed on sellers and users of fuels.
Foreign Insurance, abstract 30 is for reporting taxes attributable to premiums paid or credited to an insurer or reinsurer. Includes premiums on casualty insurance, indemnity bonds, life insurance, annuity contracts, and reinsurance.
General foreign insurer type filers are:
Insurers and reinsurers.
Businesses purchasing insurance for their employees, which are usually reported once a year on TXPDs YY12 or YY03.
Most common error is 30 input as 31, obligations not in registered form. This is usually caused by TP recording tax on the wrong line when F-720 is revised. Correct from 31 to 30 if confirmed to be valid 30. Valid 30 filers can be determined from sources on AQETL:
Name line may provide proof.
Prior TXPD postings present for 30.
Refunds in past years have been allowed based on treaties with the United Kingdom, France and Bermuda.
IRC 444, election to retain a fiscal year, is a deposit for estimated taxes due for F–1065 and 1120–S returns.
OSLTF was effective 1–1–90, TXPD 9003 through 1994 and it was reactivated in 2006. Taxes are on petroleum, both domestic and imported oil.
Oil Spill, No. 18, domestic.
Oil Spill, No. 21, imported.
Ozone-Depletion Chemicals (ODC) is on the manufacturer, producer, or importer. See Exhibit 1.
ODC abstracts are 19 and 98.
Floor Stock taxes on No. 19, 98—No. 20. Tax on any ODC held for sale or use by anyone other than the manufacturer, producer, or importer thereof. Due each 1–1–YYYY, if tax rate has increased on ODC held in inventory at 1–1–YYYY.
Annual floor stock due if:
Tax rate has increased on ODC items held in inventory at 12–31–YYYY.
New ODC items included as taxable.
ODC items are reported on F–6627, Part IV.
Cruise Ship Passenger Tax was effective 1–1–90, TXPD 9003. The tax is for passengers on a commercial ship that has stateroom accommodations for at least 17 passengers and if the trip is for at least one night.
Tax also imposed on passengers on ships engaged in gambling beyond the three-mile limit. Tax applies only once, at the time the passenger embarks or disembarks in the U.S. Tax is due when trip is fully paid to operator or operator's agent.
Common errors are:
No. 29 input instead of No. 31 for Other Excise Tax, Obligations not in registered form. In most cases the filer's name indicates it should be No. 29. This type error is probably caused because No. 29 is just above No. 31 on some F-720 versions.
No. 27 for Use of Air Travel Facilities, input instead of No. 29. This type error is either ISRP input error or taxpayer mistake.
Nos. 2X input instead of No. 29. In most cases the filer's name or NAIC Code will indicate which abstract it should be. If not, requisition return to confirm correct abstract number.
In most cases these should be first time F–720 filers. Therefore, if there are no TXPD prior, then this would indicate the tax is probably for No. 29.
Luxury Item Taxes, The retail tax is: Cars, Trucks and Vans, No. 92. See Exhibit 2. Luxury Tax has expired, but there may be payments and filings for cars that have been leased. They should be rare.
Common errors and solutions:
No. 80 input instead of 92.
No. 33 input instead of No. 92.
No. 40 instead of No. 92.
No. 9X input instead of 92.
Check on the AQETL the filer's name and NAIC code to determine if this is for a retail type tax.
If necessary, requisition F–720 return to confirm correct abstract.
The Omnibus Reconciliation Act of 1993 (ORA 1993), effective 8–11–93:
Repealed all luxury taxes, except for cars, retroactive to 1–1–93 for TXPDs 9303 and 9306.
Repealed any abstract 92 tax on a part or accessory installed to assist the disabled after 12–31–90 and it is refundable.
Note that refunds due purchasers must be obtained from the F- 720 retailer, not directly from IRS. The F- 720 filer will file F- 8849 Claims for each TXPD after refunding tax to purchaser.
Claims for refunds should be claimed on Form 8849 claims for each TXPD because the interest must be determined based on each TXPD.
The NAICS may be used to indicate if a taxpayer has correctly identified by abstract number the excise taxes reported for each TXPD. The NAICS Code is a 6 digit number.
The code comes from the taxpayer's Form 1120 or 1065. Please note that there may be multiple excise taxes reported. (See the Instructions for Form 1120 for a list of the codes.)
This listing is available using Control-D.
This is both a weekly and monthly report and includes the cycles (YYYYCC) for that week or month. Note that the cycle cutoff may not always match the AQETL.
The following steps should be taken when each report is received:
Review F- 720 returns or adjustments or reversals/corrections. (MFT 03). Look under column titled "IRS NO." for 2/3 digit abstract number. Confirm that the Tax Period is correct and that the abstract number and amount appear correct/reasonable. If not, perform appropriate research.
Record any errors or necessary adjustments on your current quarter adjustment list. Also note on the F–720 TP account file on AQETL.
The listing is generated to include all MFT 03 abstract postings for $5,000 or more.
IRC 59A Environmental Taxes reported for MFTs 02 (F–1120), 33 (990–C), and 34 (990–T) are listed at the end of the report.
IDRS Integrated Data Retrieval System:
Determine if TXPD module is on IDRS.
Confirm TC 290 posting for abstract corrections.
If a Form 720 return for a certain TXPD is shown as rejected on IDRS, obtain the IDRS Reject Sequence Number. This number will help locate the return in the Error Correction Section. When the return is located, copy it and obtain the amounts by abstract number that are reported on the return. Also, confirm the reinput cycle of the perfected return. This is important if the return was not reinput prior to the end of the current processing quarter being reported for certification.
BMF Reject Register.
Use to obtain total F–720 amount.
Confirm reinput cycle (YYCC).
SCCF (Service Center Control File) ANMF Data:
Confirm data reported correctly on ANMF Revenue Receipts Reports.
On-Line Service Center Control File (SCCF) Transcripts:
Access any DLN on the SCCF using IDRS Command Code SCFTR to determine the status of any return transaction.
SCCF is updated daily. If DLN is open on the SCCF, a complete transcript is displayed.
Return location or processing in the Campus:
Check adjustments, rejects, or unpostables.
Check taxpayer relations/correspondence.
Check technical 720 examiner of large returns.
Check field audit excise group.
Number of Forms 720 posted each quarter:
Headquarters receives a quarterly report using Control-D, that counts the number of Form 720 (TC 150) postings during the last processing quarter. It also counts the number of postings (TC 150, 290, and 300) for each IRS number posted during the quarter.
The report count totals are for US Totals. The counts indicate exactly what was posted during the last quarter. The counts help confirm validity of postings, number of new filers for newly established excise taxes, decrease for expired excise taxes, and changes in volume trends due to tax law changes, economic conditions, etc.
The Campus receives a report quarterly listing the number of IRS Number postings at ECC each quarter. See Form 720 IRS Numbers Report Review, 220.127.116.11.39.
IRS Tax News and other news items that affect reporting as follows:
TP goes out of business, merger, bankruptcy.
TP affected by prolonged strike, or disaster.
New tax or tax law change or repeal.
A Form 720 Confirmation Request may be in an E-mail or in the form of questions on specific accounts on the AQETL. This request states the F-720 TXPDs that may have posting errors, have not posted timely, or have questionable postings.
The reports analyst must review this request to ensure that no postings that require correction or confirmation are overlooked.
The purpose of this request is to:
Confirm the headquarters review of the F- 720 postings reported on the AQETL.
Request correction of obvious abstract postings errors.
Obtain detail abstract data from returns not input or perfected.
Obtain the deposits of returns not found, and
Ensure that the CRAs are advised promptly of observations made by the Headquarters program analyst.
The report analyst must review any request and take proper action such as:
Correct the abstract posting known to be in error.
Secure the return to confirm if the posting is correct as posted or if in error, to correct the abstract posting.
Contact the taxpayer to confirm exactly what excise tax is being reported.
Determine cause of erroneous postings caused by improper input.
The reports analyst must:
Record the results of actions taken for each TXPD listed.
Relate changes made via responses on the AQETL or by email or phone call to Headquarters.
Retain a history sheet for your records. This:
Will be used to follow up on posting of transactions in the next reporting period.
Will be used to confirm if an account or TXPD has been previously corrected or confirmed.
The reports listed in this section are used as the basis for certifying amounts for the trust funds. The reports are for: Revenue Receipts (Collections), Net Tax Liabilities (returns and adjustments processed), Credits and Refunds (applicable to the Highway Trust Fund and the Airport and Airway Trust Fund related credits), and monitoring. The monitoring reports are Form 720 transactions and tax module extractions.
Revenue Receipts for excise taxes are reported by abstract number and amount monthly on the following reports:
Report of Excise Tax Collections.
U.S. Internal Revenue Receipt (NMF SCF–13–41) and ANMF extract.
Summary Excise Tax Liabilities Treas–92 (BMF).
Report of US Internal Revenue Receipts—F- 2290 Collections (Highway Use Tax No. 138).
Credits claimed for gas/oil and other credits on form 4136, attached to income tax returns forms 1040, 1120, 1041, 990–C and T claims for refund are reported from each Campus quarterly on P–R–F GAS–01–04:
Gasoline, Diesel and Special Fuels and Other Credits Claimed (T-90) for IMF and BMF.
Includes F-720's and adjustments.
Refunds for all tax classes including the trust fund excise taxes are reported for each service center by manually combining the refund data generated from ECC, IDRS, and manual refunds on the NTRR.
Analysis and monitoring reports are generated from ECC with selected data by EIN, abstract, tax period, MFT and amount on the Million Dollar BMF Reports Records Listing (weekly and monthly), P/R/F 180–46–11 and 180–48–11.
The AQETL has been configured with new security requirements. These include password complexity requirements, as well as user login restrictions.
When a new user is hired, an On-line 5081 must be prepared to request permission to use the system.
The On-line 5081 must be approved by Headquarters before they are allowed to use the system.
When the 5081 is approved, Headquarters assigns a range of EINs for the analyst to review.
When an analyst is leaving for an extended length of time, the supervisor must notify Headquarters.
Headquarters analysts will delete the EIN range and reassign them to another analyst.
The AQETL system will automatically lock the account of a user if they do not login for 45 days. At that time, Headquarters analysts will verify with the reports analyst's manager that the person is still assigned AQETL duties. If they are not, or if they have left the IRS, they will be deleted.
The manager will prepare an On-line 5081 for any user leaving the IRS or being reassigned to a different area to delete the user from the system. In some cases an On-line 5081 is automatically generated.
The AQETL lists all Forms 720 abstract number postings by transaction code within TXPDs for each taxpayer account. The AQETL is programmed to allow review by abstract number or by Taxpayer Identification Number (TIN). The system lists the taxpayer data on the screen in TXPD sequence, transaction code, cycle posted, and dollar amount under heading for each abstract present.
Errors are program generated when an abstract is a:
New abstract present for the first time or was not present in the preceding TXPD. This may indicate an error or it could be a floor stock tax due periodically.
New first time filer. Match TP name and/or NAICS code with tax reported.
Material dollar amount changes for an abstract, a large increase or decrease from the prior TXPD. Currently the percentage of change is set at 50% to ensure that HQ is able to review every account with a significant change. This could indicate a dollar amount coded to a wrong abstract, an input error, or a trend change.
Ignore Abstract 80 unidentified for zero amounts.
Accounts reporting material dollar amounts for any of the trust funds should be monitored for the Abstract Number Groups shown listed for the applicable trust fund as follows:
AATF-26, 27 and 28 Airlines.
AATF-14, 69, 95, 96, 115 and 116 Non/aviation fuel.
BLDF-36, 37, 38 and 39 Coal mining operations.
HSRF-16, 17, 53 and 54 Petroleum, Chemicals.
HTF-33 and 48 Auto and Truck Manufacturing.
HTF-58, 59, 60, 61, 62, 78, 79, 101, 103, 117 and 35. Gasohol, Diesel, and Gasoline Compressed Natural Gas.
HTF-73, 74, 75, and 76. Gasohol effective TXPD 199303. Expired 01/01/05.
HTF-66, 108, 109 and 113 Tires.
IWTF-64 Inland Waterways Fuel Use.
No.-40 Motor Vehicle Manufacturing.
No.-51 Alcohol sold as but not used as fuel.
Boating Safety Nos. 41, 42, 110 and 114 Sports fishing equipment.
Earmarked Funds Nos. 44, 102 and 106 Recreational items.
LUST TF-15 for TXPD 198803 through TXPD 199012: 70, 71, 72, (73, 74, 75, 76, 77 expired 01/01/05). Gas, Gasohol and Diesel Fuels. 105, 107, 111, 119 LUST on new exempt fuels 2006.
HSSF- 53 and 16, 54 and 17. Begin 198703 Petroleum, Chemicals. Expired.
OSLTF- 18, 21 Begin 199003 Petroleum. Reinstated 2006.
VIC TF- (81, 82, 83 and 84, expired 198712) and No. 97 Began 198803 Vaccines.
ODCT- 19, 20, 98 Begin 199003 Chemicals.
Non trust fund taxes requiring routine monitoring:
No. 22 Telephone Services.
No. 30 Foreign Insurers.
No. 40 Gas Guzzler/Fuel Economy F–6197.
No. 29 Cruise Ship Passenger Tax.
No. 92 Luxury Item Tax expired but still active.
When you have the original return prepare the correction using Blocking Series 00, attach the correction information to the original return and return the original return to files.
Examples of source documents:
Prior quarter history.
For corrections, use Blocking Series 15. Input an explanation in the remarks section of the reason for the adjustment. Send any documents to files.
When no correction is necessary: Keep these files for the current and prior FY until GAO has completed that FY audit. After the above period you can shred. Do not hold onto original returns. They must be sent back to files as soon as possible.
If a folder is already set up it will be kept in the unit.
The weekly and monthly Million Dollar BMF Reports Records listing are reviewed on Control-D.
Disposal guidelines for manually prepared individual Form 720 Taxpayer monitoring records are as follows:
Dispose of records one year or older at 12–31–YYYY.
Otherwise retain records for as long as the reports analyst deems it proper using Records Distribution Guidelines.
Credits for nontaxable use of various products may be taken on the F720, Schedule C as CRN.
Negative TC 150 postings will appear on the following reports:
Million Dollar BMF Reports Records for Form 720 MFT 03 abstracts.
Web Quarterly Excise Tax Listing for Form 720 accounts.
IDRS or ECC Transcripts for Form 720 accounts.
The means by which the taxpayer claims a credit are:
Filing of a Form 8849 Claim. The purpose is to claim a refund due to an overstatement or erroneous reporting of a tax on a prior quarterly Form 720 filed. This Form 8849 Claim is processed as a TC 29X.
Filing of an amended Form 720X that reduces the amount of a specific tax previously reported. This amended return is processed as a TC 29X.
Claiming of a credit on the Line 4 section, entitled "Claims " of the Form 720. The details for the claims taken are on Schedule C and are transcribed and are listed on the AQETL.
Filing a Form 4136 with Individual or Corporate Tax Return.
Some of the reasons for the over reporting of taxes for prior quarters are:
New legislation that changes prior tax rates and effective dates of the original tax laws. In some cases the effect of the change is retroactive to a specific date, or to the effective date of the original public law being amended by typical tax law changes.
Repeal of a tax.
Reduction in the rate of the tax on all items subject to that tax rate.
Reduction in some of the articles subject to that tax rate.
Exemption for some of the articles subject to the tax.
Exemption of certain industry uses or purposes from the tax.
Tax imposed is shifted from one type of taxpayer to another.
Temporary reduction in the rate of the tax, usually for one year.
Expiration of the tax law occurs or it is not reinstated as expected.
Taxpayer's customer confirms tax exempt status and is therefore entitled to a refund of taxes previously paid. For example, schools and local governments are entitled to the refund.
Tax Treaty with another country that allows credits or refunds of taxes already paid for prior periods. For example, the United Kingdom Tax Treaty allows abstract 30 credits or refunds that are retroactive to 1–1–75.
Some of the reasons attributable to the taxpayer are:
Decreasing tax rates not followed by the taxpayer, but discovered later.
Outdated Form 720 used. Therefore, taxes that may have expired, been repealed, or reduced are over reported.
Misunderstanding or misinterpretation of IRS regulations by the taxpayer.
Erroneous reporting in a prior fiscal year (FY) with the posting reclassification or abatement of the tax posting in a subsequent FY.
Some of the reasons attributable to IRS are:
Invalid abstract entered for corrections or adjustments via TC 29X or 30X.
Erroneous correction or adjustment made which is the opposite sign of what was intended.
Incorrect abstract number or amount input to correct or adjust the tax period.
The Report of Form 720 IRS Numbers, is printed or loaded on Control-D at the Cincinnati Campus. The purpose of this report is to provide the CRA with a count of all of the trust fund related and other excise taxes reported each quarter on the Form 720 return.
The count report is generated monthly. There are three cumulative monthly reports for each quarter. The reports are extracted one month later in order to capture late return counts. For example, the December quarter will be run on YYYY04, March YYYY17/18 and so on. Review and monitor the reports monthly. Do a cursory review of the first monthly report, as this represents only one third of a quarter. Do a closer review of the second monthly, as this represents two thirds of a quarter. Perform a thorough review of the third monthly. Post to the monitoring work sheets. Save the third monthly, which is the full quarter copy. Prior reports may then be destroyed.
Each quarter, these counts will provide a measuring tool to indicate the reasonableness of the data being reported and posted at the master file.
These counts will also indicate trends and reporting patterns for all of the Form 720 excise taxes.
These counts should disclose both taxpayer filing and pipeline processing problems, such as timeliness and erroneous postings.
The report is generated from the BMF Form 720 master file at ECC. It includes abstract postings from Form 720 transaction codes (TC) 150, 290, 300, and 370. It does not count abstract postings from TC 291, other 29X or 301, or other 30X TCs. There is one count made for each abstract present with a positive value. Abstracts present with a negative (reversal) or zero value are not counted. The report consists of counts for both valid and invalid abstract numbers as follows:
The report lists in numerical order all of the valid abstracts followed with a brief description of the excise tax. The valid abstracts are those currently assigned to a specific tax and currently programmed.
The report lists all of the valid and invalid or unprogrammed abstracts.
The report is non cumulative and counts only those TCs posting during the processing quarter. There is no program timeliness check for the Form 720 TXPD currently due. The counts for the abstract numbers represent abstract postings of each of the excise taxes from:
Quarterly Form 720 returns (TC 150) due during the current processing quarter.
Unpostable prior quarter Form 720 returns (TC 150) perfected this processing quarter.
Delinquent filed prior quarter Form 720 returns (TC 150) due during the preceding processing quarter.
Early filed Form 720 returns (TC 150) not yet due for the next tax liability and processing quarter.
Adjustment TCs 290 and 300 input and posted during this processing quarter.
Unpostable TCs 290 and 300 input in prior quarters, but perfected during this processing quarter.
TCs 370, Account Transfer-in beginning 4–1–90.
The report count extractions are based on the TC posting cycle YYYYCC. The cycles included in each report are printed in the header of the report. The report's inclusive cycles may not always match with the SC quarterly posting cycles.
The CRA should maintain a postings spreadsheet and update it each quarter. This postings spreadsheet should be set up as follows:
Descriptive headers across the top. The first column should list the IRS numbers in numerical sequence. There are currently over forty valid IRS numbers reported on the report.
The second column's contents are optional. It could contain a brief description of the tax if desired. However, it is not necessary since the description is on the quarterly computer report.
The subsequent columns should be used to record the counts for each processing quarter. The header or title should contain both the liability tax period (TXPD) YYYYMM and the MM–DD– YYYY of the processing quarter just ended.
Compare the counts for each quarter with the counts for the prior quarter for consistency and reasonableness. Also compare each quarter with the same like quarter one year ago in order to make seasonal comparisons. Look for possible trends or patterns in the counts being reported and posted.
Possible explanations for variations or changes in the counts reported are:
Erroneous abstracting by the taxpayer or incorrect abstracting by the IRS in the current quarter, with the corrections input and posting in a subsequent quarter.
Repeal or expiration of an excise tax.
Implementation of a new excise tax.
Tax law change that reduced or increased the types of taxpayers liable for a specific tax.
ADP dead cycles at the end of year processing.
ECC report cycles do not match the SC's cutoff cycles.
Seasonal patterns. For example, sporting equipment for Earmarked Funds, abstracts 41, 42, 44 and 102.
Reconcile or logically associate the count for each abstract with the dollar amount reported on the TREAS–92 Report for each quarter. Verify when there are counts present for an abstract, there are dollars also. The reverse is also true. The only exception will be the complete reversal of dollars from a prior quarter. However, the original abstract postings will not be reversed on the report. Allow for late posting returns, returns that are unpostable, and any correction or adjustment TCs input.
Document abstract quarterly count trends. Monitor the counts closely to determine the causes of the increase or decrease for each quarter. Monitor those abstracts that tend to have seasonal patterns. Most of the abstracts dedicated to specific trust funds may follow the same trend or seasonal pattern. Trend changes may be the result of:
Changes in tax laws affecting different types of taxpayers.
New taxpayers in a growing economy.
Decreasing taxpayers in a recessional economy.
Deregulation of an industry such as the airlines.
Business mergers or acquisitions.
Taxpayer going out of that type of business.
Monitor very closely the first few quarters for reporting a new excise tax. For example:
New types of taxpayers who did not file Forms 720.
Confusion as to which taxpayer is liable for the tax.
Invalid IRS numbers postings should be posted to a separate recap sheet. Maintain it in a format similar to the postings spread sheet for the valid postings. That is, record the two digit invalid abstract number in the left hand column and the counts in the next columns headed up for each processing quarter ended MM–DD–YYYY.
Consult headquarters for additional information.
Save these quarterly reports and the manually posted spreadsheets for future reference.
Make footnotes on the computer reports or spreadsheets to explain discrepancies or variances in the counts.
Make separate footnotes for each IRS Number for each processing quarter.
Record the MM–DD–YYYY of the notation. This date is helpful in the event future information is obtained that reverses or reconfirms the original findings.
Flag any report and the posting spreadsheet for follow-up confirmation of potential changes expected on the next quarter's report. For example:
If the current quarter's count for certain IRS numbers are below normal without an obvious explanation, then expect the next quarter's count to be unusually high for those same abstracts.
If the current quarter's count is very low and the next quarter's count is very high, then add the counts together for the two quarters to obtain an average. Record on the report the average counts for both quarters, and write "Averaged" beside the revised count.
The reports analyst must be authorized to use IDRS to properly monitor, research, order returns, confirm transaction (TC) postings for TC 150, 29X, and 30X, and to make certain abstract corrections related to Form 720 TXPDs.
The reports analyst must have access to an IDRS terminal in the work area.
The reports analyst must be aware of the IRS security policies and procedures, including UNAX and Rules of Behavior.
The reports analyst or someone designated in the accounting function must be authorized to use at least the following IDRS command codes:
ACTON, SUMRY, and TXMOD to research and confirm postings.
ESTAB to requisition returns.
MFTRA, MFTRD, and ACTRA to research and get print outs.
UPCAS to obtain F- 720 EINs in order to locate F- 720, that are in the Unpostables Unit at the end of each quarter.
ADJ54 and REQ54 to make abstract posting corrections on the F-720 TXPDs.
SCFTR is used to research the SCCF to determine the status of F- 720 transactions.
ENMOD is used to research name and filing requirements.
BMFOL (R) and (T), used to research BMF accounts.
MFREQ used to bring account down from BMFOL when there is no TXMOD current.
RECON used to show posted data when BMFOL is used.
Electronic Return Database Command Codes when F720 Returns are filed electronically.
There may be other command codes useful, but those listed above should be authorized in the reports analysts IDRS profile.
Use IDRS to:
Promptly respond to telephone or written requests for information from headquarters.
Requisition Form 720 returns or other related documents.
Confirm status of accounts that have not posted timely.
Obtain the total deposits for TXPDs due that have not posted timely.
Confirm posting cycle statuses, such as pending. This information is needed when a TC is input in the final cycle(s) of each processing quarter and at each fiscal year end.
Confirm taxpayer's (TP) filing requirements for Form 720.
Confirm when a new F- 720 filer was first liable or was first reporting F-720 excise taxes.
Confirm duplicate accounts for the same taxpayer.
Confirm taxpayer name change.
Confirm if a taxpayer changed from one EIN and entity to another if cross referenced EINs are present.
Confirm final F— 720 return filing requirement status.
IDRS will also be used to make or confirm adjustments as follows:
To input correction transactions TC 290 to reclassify IRS Number (abstract) postings that were determined to be input in error.
To confirm if an account has already been corrected by another party before inputting a correcting transaction.
To confirm if a reclassification transaction to change abstract number 80 (Unidentified posting) to the proper abstract number has already been made by the adjustments or taxpayer service branches.
To reverse erroneous or duplicate adjustment transactions.
The IRS is required, either by Public Law, through Memos of Understanding, or direct requests from Treasury to certify the taxes reported for the trust funds listed below. There are two general classifications and methods of preparing certifications for Treasury.
Collections by formal letter.
Refunds and Credits claimed by formal letter.
Collections are reported in formal certification letters each quarter for the following trust funds:
Airport and Airway Trust Fund (AATF).
Sport Fishing Boat Restoration Fund.
Black Lung Disability Trust Fund (BLDF).
Highway Trust Fund (HTF) for Form 720 and 2290 net collection.
Mass Transit Account (MTF).
Inland Waterways Trust Fund (IWTF).
Leaking Underground Storage Tank TF (LUST TF).
Vaccine Injury Compensation Trust Fund (VICTF).
Oil Spill Liability Trust Fund (OSLTF).
Refunds and Credits are certified by formal certification letters each quarter as follows:
Airport and Airway Trust Fund (AATF).
Highway Trust Fund (HTF).
Net tax liabilities are reported by Treasury General Account Transfers quarterly for the Earmarked Funds, also known as Recreational Excise Taxes.
The ECC and Campus source reports and tax forms for reporting collections and net tax liabilities are:
Report of Excise Tax Collections.
BMF US Internal Revenue Receipts (Form 2290).
AQETL (Form 720) for verifying IRS numbers.
SCF–13–41 Automated Non-Master File Revenue Receipts, (ANMF) (Form 720 and 2290).
The Campus source reports and the claim forms for claiming the refunds and credits are:
The figures for the trust fund certification detail amounts for collections are published in the:
Quarterly Excise Tax News Releases in the SOI Bulletin, Publication 1136.
Commissioners Data Book, Internal Revenue Collections By Sources.
The purpose of this section is to describe the structure of the Form 720 Business Master File (BMF) account. An account is composed of one or more tax modules. Each tax module represents a tax liability quarter period (TXPD). A quarterly TXPD return is posted as a tax module on the BMF as Master File Tax code (MFT) 03 for Form 720 returns. Each TXPD tax module is composed of one original return, a TC 150 or an Account Transfer-in, a TC 370. In addition, a TXPD may have ADP adjustments, a TC 29X, and audit adjustments, a TC 30X.
Form 720 Account Transactions:
An account is established by a taxpayer who has a TIN/EIN and files a Form 720, Quarterly Federal Excise Tax Return for the first time.
Each quarterly TXPD is posted as a tax module on the taxpayer's account. Each TXPD is coded as YYYYMM. "YYYY" are the year digits, 2007 for 2007 returns, and "MM" is the ending month for the quarter due, 03 for March, 06 for June, 09 for September, and 12 for December. Original returns are posted as Transaction Code (TC) 150.
Account transfer-ins are posted as TC 370 with Doc Code 51. TC 370 may also establish a tax module if one is not already established by a TC 150.
Adjustment transactions, TC 29X and 30X cannot post unless there has been a tax module for that applicable TXPD established by a TC 150 or 370 for that TXPD being adjusted.
Only one original return (TC 150) may post to a TXPD tax module. The second or duplicate return TC 150 will go unpostable and is returned to the SC to be nullified. If it is determined to be a valid item, it is reinput as an adjustment TC 290.
Form 720 Account:
One account per taxpayer TIN/EIN.
Taxpayer may have two accounts, each with different EINs. The account name may also be different.
Contains the taxpayer's entity information and location code.
Form 720 Tax Module:
Tax Module represents one liability tax period (TXPD) identified as YYYYMM for year and ending month of tax liability quarter due.
Must be one or more TXPDs to establish an account.
Only one TXPD per liability quarter.
Maximum of four TXPDs per calendar year.
Form 720 Valid Transaction Codes (TC):
TC 150, Original return.
TC 370, Account transfer-in.
TC 29X, Adjustment.
TC 30X, Audit adjustment.
Form 720 Original Returns, TC 150:
Required to establish an account or tax module.
Only one TC 150 allowed per tax module.
Deposits, TC 610, 650 and 670 (subsequent payment).
Form 720 Filing and Processing Period:
Taxpayers are required to file 720 returns quarterly.
The quarterly return is due by the end of the first month following the end of the tax liability quarter.
Some taxpayers make biweekly Federal Tax Deposits (FTD) during the tax liability quarter, unless exempted from FTDs based on the tax law.
Some taxpayers are required to make deposits via the Electronic Federal Tax Payment System (EFTPS).
Form 720 Liability Tax Period (TXPD):
Each Form 720 return represents the taxpayer's tax liability for the three months making up the quarter for which the return is due, which is known as the liability tax period (TXPD). For example, the tax liability for January 1 through March 31, 2010, is posted as TXPD 201003. The return would be filed and processed in the processing quarter ended 6–30–2010.
The four quarterly TXPDs due for 2010 would be: March 201003, June 201006, September, 201009, and December 201012.
The March 201003 return would be filed and processed during the June processing quarter ended 6–30–2010, and so on for the other TXPDs.
The processing quarter is normally the immediate succeeding quarter following each liability TXPD due.
Form 720 Timely Filing Due Dates:
The Form 720 is due the last day of the month after the end of the TXPD quarter. TXPD 201003 due for quarter ended March 31 would be due April 30.
Form 720 Return Filing and Adjustment/Claim Filing Instructions:
Instructions are on the Form 720 return.
Detailed instructions are in Publication 510, Excise Taxes.
Amended returns, F720X, may be filed to correct prior returns filed. Amended returns are processed as TC 290 or TC 291.
Form 8849 Claims are filed if an over payment is made and no taxes are owed for succeeding quarters. Claims are input as TC 291.
Represents the quarter or quarters in which the return or adjustment transaction is filed, perfected, and posted at the Master File.
Normally it is the quarter during which the return is due.
Tax Period Ending Due in Quarter YYYY03 3–31–YYYY 6–30–YYYY YYYY06 6–30–YYYY 9–30–YYYY YYYY09 9–30–YYYY 12–31–YYYY YYYY12 12–31–YYYY 3–31–YYYY
Federal Tax Deposit (FTD) or Electronic Federal Tax Payment System (EFTPS) requirements:
Normally required every two weeks or 15 days if over $2,000 due.
Some excise taxes are exempt. For example, filers of Inland Waterways Use Tax, IRS No. 64 are exempt. Tax for No. 64 is normally paid when the return is filed.
TXPDs In Each Fiscal Year Ending (FYE) 9–30–YYYY Reports:
Each Fiscal Year (FY) for IRS begins on October 1 of one year, and ends on September 30 of the following year. The TXPDs timely filed and processed during FYE 9–30–2010 are TXPDs 200909, 200912, 201003, and 201006.
The TREAS–92 Summary of Excise Tax Liabilities is a Fiscal Year Cumulative report. It includes postings for the above TXPDs plus prior TXPDs.
The AQETL contains individual postings and includes totals for each tax period by abstract.
The Million Dollar BMF Records Report is a non-cumulative report generated each week and month and includes postings for that week and month only.
The purpose of this section is to list the general posting rules applicable to F-720 accounts. The information presented is to be used as background information in order to have a better insight and understanding for reviewing F-720 transaction postings on the AQETL. This information will aid in the recognition of posting errors or questionable items that should be confirmed and then corrected if necessary. Information presented includes in part:
General rules and requirements for posting various transactions.
Special examples to aid in understanding the different types of taxpayer accounts and the excise taxes reported.
Delinquent Return Postings:
Post on the account when filed and processed.
Post the delinquent TXPD in the proper TXPD sequence.
The posting cycle (YYYYCC) and the DLN Julian date (JJJ) indicate that the return was not received and or processed timely.
Delinquent TXPDs, that post over one year late, appear in red on the AQETL.
Duplicate Returns, TC 150:
Duplicate returns post to the taxpayer's account with an "A" freeze, and Notice 36 pulls the duplicate return, to be worked in the Excise Unit.
Duplicate TC 150 transaction will go unpostable and be returned to the SC to be perfected or nullified.
Duplicate return postings occur if taxpayer inadvertently filed two separate returns.
Duplicate Transactions Codes, TC 29X, 30X, and 370:
These duplicate transactions post to the tax module TXPD if there is a TC 150 present.
These TCs may generate a refund or balance due condition.
Invalid transactions are sent to Error Resolution for perfection.
If the transaction is invalid, it will be rejected.
Transactions may unpost at the masterfile and have to be corrected or reinput.
Erroneous Return Postings:
Original TC 150 postings cannot be deleted from the account.
Erroneous TC 150 amounts and abstracts must be reversed with TC 291 and reinput correctly, if a valid item.
Erroneous Adjustment Postings, TC 29X and 30X:
Posting cannot be deleted.
Original posting must either be reversed in full and reinput or adjusted for the net difference to correct the transaction.
Final Returns Postings, TC 150:
Filer indicates on the return that it is a "Final return."
"FINAL" literal is printed on the A–QETL Screen when this occurs.
Be aware that some TXPDs indicate "FINAL" in error.
TXPDs are posted in sequence on the BMF.
AQETL shows the TXPDs in sequence.
The total tax liability due can usually be determined by adding the sum of any deposits made for that TXPD. If no deposits are present, then it indicates that there may not be any tax liability for that TXPD.
Reasons For Missing/Unposted Return TXPDs, TC 150:
No return filed by taxpayer.
Return not received by IRS.
Return received by IRS, but has been misplaced.
Return has not been processed for input to ISRP.
Return in Error Correction.
Return sent to Unpostables.
Return perfected for posting at ECC in the next posting cycle (YYYYCC).
Adjustment Transactions, TC 29X:
Assessments, TC 290.
Reversals or abatements, TC 291.
Movement from one abstract to another.
Audit Adjustments, TC 30X:
Assessments, TC 300.
Reversals or abatements, TC 301.
Some F–720 filers may claim credits for taxes paid to other F–720 taxpayers for various reasons.
Credit claimed should be supported by a statement identifying the reason, tax, and CRN.
F–720 Schedule "C" for credits claimed lists CRN's that are normally allowed credits.
The Schedule C is transcribed, so we can determine the true tax liability and the tax credits.
Line 5 Tax as adjusted (net of Lines 3 and 4) will be entered in brackets "()" by taxpayer if line 4 credits exceed line 3 total tax.
Any overpayment shown on Line 10 can be applied to the next return or refunded.
A credit claimed is related to the IRS number for which the tax was originally paid and reported, and not necessarily the tax due for which the credit is being used in lieu of a payment, by applying the credit as a payment/offset against tax due by the claimant filer.
Visualize the filer's business activity to better understand how and why a credit is logically allowed.
Some abstracts, in normal course of business activity, will have CRNs allowed as adjustments to taxes paid. Some of the most common abstracts are No. 26, 33, and 62.
Airline service type filer (ABS. 26–28, and 69):
An airline service type filer that is liable for only one type of tax may occasionally have a credit for another type of tax. An airline filer is only liable for the ticket tax, No. 26, and/or departure tax, No. 27, and the air freight tax No. 28, but is not liable for aviation fuel, No. 69. This filer would be allowed to buy aviation fuel tax free at their home base.
In contrast, a filer who is liable for the aviation fuel, No. 69 tax, is not liable for the Nos. 26, 27, and 28.
Therefore, a filer liable for Nos. 26–28, who had to buy aviation fuel No. 69 while away from their home base, is allowed to claim the CRN for tax paid as a credit on their F–720.
Gasoline Purchasers and Gasohol Blenders (Abs. 58, 59, and 73–76):
Gasoline is no longer sold as Gasohol, but is taxed at the full rate for abstract 62.
If it is blended for a different type of fuel, credits are taken based on what it is blended with. The object is to tax at the full rate per gallon and then give credits. See Form 720 starting with 2006 returns.
Chemical Taxes (Abs 54, 17):
Producers, users, and re-sellers of chemicals may claim a credit for abstract 54 using CRN 354 if exported or previously taxed, usually in an earlier production run.
A common taxpayer reporting/IRS posting error is when No. 354 credit claimed for export is confused with imported substances.
Ozone Depleting Chemicals (ODC) (Abs 19):
ODC users may claim credit for portion of ODC in product exported.
ODC filers normally allowed ODC export credits are auto manufacturers.
Maximum number of abstracts allowed per return or transaction:
Limit is 24.
Certain filers reporting both petroleum and chemical related taxes may report taxes affecting multiple trust funds. For example, oil, fuel and chemical abstracts as well as floorstocks and LUST.
The normal number of abstracts and CRNs increase when there are line 4 credits present.
IRS No. Sequence Posting On The Tax Module:
IRS numbers appear in the sequence they were input on ISRP.
IRS No. sequence is usually the same as on the return for TC 150.
Adjustment transaction abstracts are normally in a logical sequence based on the input adjustment request record or sorted by IDRS into ascending sequence.
When zero is written on the return, it is transcribed for each abstract or CRN with a zero.
Zero tax liability returns:
Filer did not have a tax liability for that quarter, but filed a return to avoid the account going into TDI status.
When taxpayer marks zero, it is understood that they are stating that their liability is zero for that abstract.
Posts to normal IRS No. due if marked with a zero.
IRS No. 80, unidentified is coded for input if filer did not mark/check a No. on the return.
IRC 59A, Environmental Taxes are reported on Schedule J of Forms 1120, MFT 02, 990–C, MFT 33, and 990–T, MFT 34.
ANMF data is reported on NMF Report of U.S. Internal Revenue Receipts, SCF-13–41.
Confirm all MFT 03 amounts for $5,000 or more to ensure the abstracts are correct.
If abstracting is incorrect, have data corrected for the next monthly cumulative report.
If the error is uncorrected at the end of a quarter or fiscal year, call Headquarters and report the dollar amounts and the abstract numbers being corrected.
Special emphasis should be placed on those excise taxes dedicated to the trust funds.
Review all TCs 370 listed on the AQETL.
Do not make any corrections unless:
Doc Code is 51.
Blocking Series is 100–199. These represent manual assessments and should be included in T–92.
All other TC 370 accounts have already been included in the T–92 Report.
Abstract 99, effective 1–1–92, for use by AIMS when their system will not accept the original abstract because of programming restrictions. Reasons original abstracts may not be accepted for input are:
Unprogrammed or other systemic reasons.
Abstracts input by AIMS will be primarily on TCs 300 and 301; however, they could also be on TC 150 and 370.
AIMS abstract 99 TCs should be primarily related to TXPDs 199112 and prior.
AIMS TCs may have District Office number in DLN, instead of SC identity number.
Any abstract 99 present on a TC with a SC identity number in DLN may be an input error:
Code and Edit.
IDRS input by Adjustments or other areas.
Abstract 99 postings should be reviewed and considered for correction in the same manner as abstract 80 unidentified postings.
To determine reclassification of abstract 99 postings:
Compare to original return, and all prior adjustments.
Use process of elimination of abstracts if the amount does not obviously match up to a prior posting.
If Abstract 99 correction is unclear:
Requisition audit document; however, it may be too difficult and time consuming to get the source document.
Contact revenue agent and ask if agent's records/memory indicates the tax being adjusted.
Contact Headquarters if unable to resolve and a decision will be made.
Leave as is, especially if a non trust fund tax or the change might cause more data distortion.
If the amount is under $50,000, and the issue is unclear, forgo research efforts. Headquarters will advise if any actions are required.
IDRS was reprogrammed to allow corrections using ADJ54 for all abstracts.
If there are deposits that amount to a million dollars or more, the account is listed on the Weekly Million Dollar Report. Special expedite procedures have been implemented to assure returns post in the quarter and included in the correct certification.
Make folder for each account and prepare history sheet.
Research IDRS to see if a return is pending. Call taxpayer if necessary to see if return has been filed. If it has, request a copy. If it has not, request that they file the return so that they get any refunds due, if eligible.
If the return is unpostable, work with the unpostable function to correct it and get it to post promptly.
If there is no response from the taxpayer, do not call more than twice. Instead, refer the case to the field for them to pursue.
Update the Top 100 Report and send to Headquarters weekly.
Photocopy of return is received from Code and Edit:
Prepare history sheet.
Prepare a folder and notate on the folder "Over a Million."
Suspend until return posts on IDRS (math verification of abstracts can be done now or wait until account posts).
If the return does not post or appear as pending on IDRS, send the copy through as an original return within 6 weeks. If this is a recurring problem, have management contact the processing analyst to be sure there is not a problem in the pipeline.
No photocopy received from Code and Edit:
Prepare case from Weekly Million Dollar Report for ALL returns that total a million dollars or more. (For example: A taxpayer may file ABS 60 for 500,000.00 dollars and ABS 62 for 550,000.00 dollars for a total of one million fifty-thousand dollars.)
Verify math on ALL returns that total one million dollars or more. If return has no math verification it still needs to be pulled, and verify that all abstracts and CRNs are correctly posted.
Make a print from database for case.
Prepare history sheet for case.
Make a print of the TXMOD (Posted TC 150, 290, or 291).
Math verification of all lines on Form 720: Schedule C and any other forms attached.
Use for each abstract used by taxpayer.
If the amount is questionable, contact the taxpayer for verification of how the tax was determined.
You can accept verification over the phone if no change is necessary with the name of person doing the verification.
If the verification involves a correction of the Abstract, then have taxpayer provide some type of verification (fax or letter) to CRA. Then follow CRA case instructions.
If the CRA has any questions after verification is received question Revenue Agent in the unit.
If verification results in a tax increase or decrease:
If you have the original return, have it verified and input by an authorized person for adjustment.
The case must be reviewed and verified if offsetting adjustment (TC 290, 291, 766, or 767) is necessary to make account correct.
CRA can input all adjustments that involve a change to the abstract number (within the same TXPD) after receiving written documentation from the taxpayer.
Close the history sheet.
Notate closed case on excel closed list.
File closed case folders in the closed cabinet.
Pull Black Lung Trust Fund (Abstract 36, 37, 38 and 39) returns that total one hundred thousand dollars or more off the Weekly Million Dollar Report on Control-D.
Then follow the procedures in the Million Dollar Procedures in section 41.7.53.
Headquarters, with the assistance of the CRAs, monitors the accounting reports and can identify error situations, operational problems or unusual trends from the data provided.
Information from the reports is also furnished to FMS and other government agencies for publishing in news releases and the Data Book.
Each area should plan monitoring activity around the arrival or output of the generated or manual accounting reports listed in IRM 18.104.22.168, Accounting Control.
|Trust Fund Excise Taxes||First Liab TXPD||Last Liab TXPD||Description of Tax on F720|
|Black Lung Disability Trust Fund||197806|
|Abs 36||197806||Underground coal mined, ton rate $.50/1/1.10|
|Abs 37||197806||Underground coal mined % limitation 2%, 4%, 4.4%|
|Abs 38||197806||Surface coal mined ton rate $.25, .50, .55|
|Abs 39||197806||Surface coal mined % limitation 2%, 4%, 4.4%|
|Inland Waterways Trust Fund PL 95–502, eff 10–01–80, NAIC Codes 4400|
|Abstract 64||199303||199312||Inland Waterways Fuel .201 $.20 + .001 LUST|
|Airport and Airway Trust Fund (AATF) Reporting Table Exhibit Table 3|| First |
| Final |
| 720 |
|Description of the excise tax reported on the Form 720 Quarterly Federal Excise Tax Return.|
|Airport and Airway Trust |
|198209||198303||14||Rate .08, 9–1–1982 to 4–1–1983|
|198306||198912||14||Rate .03 4–1–1983|
|199003||199012||14||Rate .03 1–1–1990|
|199103||199512||14||Rate .01 1–1–1991|
|199603||199606||14||Rate .00 as Law Expired 12–31–1995|
|199609||14||Rate .193 at 8–27–1996 (.01 + 18.3, no LUST) Small Business Job Protection Act 8–20–1996|
|14||Rate .194 with LUST|
|199012||199309||69||Rate .176 12–01–1990 (.175 + .001)|
|199312||199512||69||Rate .219 10–1–1993. (.218 + LUST .001)|
|199603||199606||69||Rate .043 1–1–1996 Both old base and LUST expired 12–31–1995).|
|199609||69||Rate .218 Reinstated at 08–27–1996 .043 + .175, no LUST).|
|69||Rate .219 with LUST|
|87||Floor Stock—Aviation Fuel No. 69|
|198806||198806||87||Rate .14 on No. 69 4–1–1988. LUST on No. 77.|
|199103||199106||87||Rate .035 12–1–1990.|
|199309||199312||87||Rate .043 10–1–1993, No. 69 = .219.|
|199512||199603||87||Rate .043 10–1–1995, Includes No. 26 users previously exempt from fuel tax.|
|199606||199609||87||Rate .175 8–27–1996 (computed as NO. 69 = .218, −.043 = .175)|
|111||Rate .001 LUST only|
|197009||198206||26||Rate 08% Until 09–30–1980, then 05%|
|198209||199012||26||Rate 08% Increase 09–01–1982|
|199103||199512||26||Rate 10% Increase 12–01–1990, PL 101–508.|
|199603||199606||26||Rate 00% AATF Law expired 12–31–1995|
|199609||26||Rate 10% AATF Reinstated 08–13–1996|
|197009||198006||27||Rate $3 Expired 09–30–1980|
|198209||198912||27||Rate $3 Reinstated|
|199003||199512||27||Rate $6 12–01–1990, PL 101–508|
|199603||199606||27||Rate $0 AATF Law expired 12–31–1995|
|199609||27||Rate $6 AATF Reinstated 08–27–1996|
|199103||199512||28||Rate 6.25% Increase 12–01–1990|
|199603||199606||28||Rate 0.00% AATF Law expired 12–31–1995|
|199609||28||Rate 6.25% AATF Reinstated 08–27–1996|
|Expired Airway Use Tax (AUT)||148||Airway Use Tax (Form 4638) was not reinstated|
|Diesel-Jet Fuel Floor Stock Tax||198806||198806||87||Aviation Fuel on No. 69 14¢ 4–1–1988, TXPD 198806. The LUST tax is reported on No. 77|
|199103||87||Floor stock av fuel 1–1–1991|
|OBRA 1993||199309||199309||87||Floor Stock Av Fuel 4.3 cents 10–1–1993|
|199512||199603||87||Commercial Aviation Fuel .043 cents 10–1–1995. Tax increase combined with LUST of .001 = .044 on No. 44, TXPD 199512|
|199706||199709||95||Flr Stk Aviation Fuel 3–17–1997|
|199706||199709||96||Flr Stk Aviation Gasoline 3–17–1997|
By True Tax Class, Abstract Number, and System File.
|1||001||P||X||—||Withholding and FICA (941, 941C, 941E, 941 – M, 942, 942PR, 943, 943PR)|
|1||001||X||—||—||Income Tax to be Paid at Source (1042)|
|1||001||P||X||—||Form 1042 on BMF beginning 1–1–1986 (1042)|
|1||001||X||—||—||Withheld Interest, Dividends–WID (945)|
|1||001||—||X||—||Annual Return of Withheld Federal Income Tax (Backup WHT). MFT 16, to BMF 199412 (945)|
|1||191||X||—||—||Arbitrage Rebate if tax-exempt bond issue proceeds used for arbitrage after 12–31–1986 (PSC) IRC 148 (f) (8038– T)|
|1||215||X||—||—||IRC 1446 WHT F–1065 (8–1–1989) (198804,198805)|
|2||004||P||—||X||Individual Income Taxes Not Withheld and SECA (1040)|
|2||004||—||—||X||IMF Series Returns: 1040X, 1040A 1040C, 1040-ES and 1040EZ|
|2||004||X||—||X||IMF in PSC only: Forms 1040NR, 1040PR, and 1040SS|
|2||004||—||—||X||IMF Texas filers in Austin SC only. Begin TXYR 1990 (1040EZ–1)|
|2||004||X||—||—||Embezzlement monies recovered IRC 7803 (c). Should be classified as IMF Tax Class 2|
|2||004||—||—||X||Required Payments by Partnerships or S Corporations (IRC 444, 197519) Begin in 1991 with TXPD 199012. MFT 15 (198752)|
|2||005||X||X||—||Fiduciary Income Taxes (1041)|
|2||005||X||X||—||US Fiduciary Income Tax, begin 1–1–1987, Obsolete after 198812 (1041S)|
|3||006||P||X||—||Corporation Income Taxes (1120)|
|3||007||X||X||—||Exempt Cooperative Association Income Tax (990–C)|
|3||008||X||X||—||Exempt Organization Business Income Tax (990–T) |
Note: 990–C and T only BMF beginning 197501, and NMF for 197412 and prior
|3||009||X||—||—||DISC–Related Deferred Tax Liability—Computation of Interest Charge from IC–DISC (198404)|
|3||207||X||—||—||US Real Estate Mortgage Investment Conduit Income Tax Return, Begin on NMF 1–1–1988. (ANSC Only) (1066)|
|3||207||—||X||—||US Real Estate Mortgage Investment Conduit Income Tax Return, Begin on BMF 1–1–1989. (ANSC only) (1066)|
|Interest Computation Under the Look-Back Method for Completed Long-Term Contracts on F–8697 as follows:|
|2||212||X||—||—||Estate or Trust (8697)|
|4||X||X||Excise Taxes and Certain Penalties. See Tax Class 4 below.|
|5||141||—||X||—||Estate Tax (706)|
|5||141||X||X||—||Estate Tax Non-Resident Alien (706NA)|
|5||141||X||—||—||Estate Tax Generation Skipping (706B)|
|5||217||X||X||—||Estate Tax Generation-Skipping Distributions 1–1–1990 on BMF 1–1–1991 F–706GS(D)|
|5||218||X||X||—||Estate Tax Generation-Skipping Terminations 1–1–1990 on BMF 1–1–1991 F–706GS(T)|
|5||220||X||—||—||US Estate Tax Qualified Domestic Trust|
|5||220||—||X||—||NMF PSC only 8–91, BMF 1992. IRC 2056A and (d) (F–706–QDT)|
|5||142||—||X||—||Gift Tax (709)|
|5||142||—||X||—||Gift Tax Short Form (709A)|
|7||144||X||—||—||Railroad Retirement Tax (CT–1)|
|7||145||X||—||—||Railroad Retirement Tax (CT–2)|
|8||146||—||X||—||Employer's Annual Federal Unemployment (FUTA) (940)|
|8||146||—||X||—||FUTA Puerto Rico (940)|
|8||146||—||X||—||FUTA Short Form Begin 1–1–1990 (940–EZ)|
Excise Taxes and Certain Penalties.
|Nos 10 to 99 reserved for Form 720, MFT 03 taxes|
|4||010||—||X||—||Deep Seabed Mining, PL 96–283 (720)|
|4||011||—||X||—||Sec. 0444 F–1065 and 1120S Entities Electing Fiscal Year Other than Required Taxable Year. Annual return began 198806, then 198903, and ended 199003 F–8752.|
|4||014||—||X||—||Gasoline (Retailers Tax) noncommercial aviation (720)|
|4||015||—||X||—||Gas and Diesel 1–1–1987. PL 99–499 (198703 to 198712) (720)|
|015||—||X||—||Floor Stock Tax on No. 15 1/10 1–1–1988 (720)|
|4||016||—||X||—||Petroleum-Imported 1–1–1987 (720)|
|See No. 53 Petroleum-Domestic 1–1–1987|
|4||016||—||X||—||No. 16 re-instated Oil Spill tax at $0.05 per barrel effective 7–1–1994 until 12–31–1994, TXPDs 199409 and 199412. (6627 and 720)|
|4||017||—||X||—||Imported Substances 1–1–1989 TXPD 198903 (720)|
|4||018||—||X||—||Oil Spill—Imported (No. 16) 1–1–1990, Suspended 7–1–1993 Reinstated Domestic 2006 (720)|
|4||019||—||X||—||Ozone-Depleting Chemical (ODC) 1–1–1990. Combined until 12–31–1992 (720)|
|4||019||—||X||—||ODC in Imported Substances only 1–1–1993 (720)|
|4||098||—||X||—||ODC Manufactured or Imported only 1–1–1993 (720)|
|4||020||—||X||—||Ozone Chemicals Floor Stock on No. 19 Annually 1–1–YYYY (720)|
|4||021||—||X||—||Oil Spill—Domestic (No. 53) 1–1–1990, Suspended 7–1–1993 Reinstated Imported 2006 (720)|
|4||022||—||X||—||Telephone Service (Teletypewriter, Local) 3% (720)|
|4||026||P||X||—||Transportation of Persons by air 8%, 10% 1–1–1991 (720)|
|4||027||—||X||—||Use of international air travel facilities $3.00, $6.00 1–1–1990 (720)|
|4||028||—||X||—||Transportation of Property by air 5%, 6.25 1–1–1991 (720)|
|4||029||—||X||—||Cruise Ship Passenger Tax $3.00, Proposed 1–1–1990 (720)|
|030||X||Policies issued by foreign insurers (720)|
|4||031||X||Registration-Required Obligations, begin 1–1–1983 (F–720)|
|033||P||X||Truck, bus, and chassis and Bodies and tractors (720)|
|034||P||X||Other Auto Chassis, Etc.-Repealed 12–11–1971|
|035||—||X||—||Kerosene 7–1–1998 (720)|
|036||X||Underground Coal Mined .50/$1.10 per ton (720)|
|037||X||Underground Coal Mined 2/4%/4.4% Limitation of ton price|
|038||X||Surface Coal Mined 50/$.55 per ton (720)|
|039||X||Surface Coal Mined 2/4%/4.4% Limitation of ton price|
|040||X||Fuel Economy Cars Gas Guzzler 1–1–1980 (F–6197) (720)|
|041||P||X||Fishing Rods, etc. and Artificial Lures, etc. (720)|
|4||042||X||Elect. Outb. Mtrs., Fish Finding Sonar 10–1–1984 (720)|
|044||X||Bows 10–1984 and 10–1997 (720)|
|046||P||X||Firearms (Other than Pistols and Revolvers) (720)|
|048||X||Parts or accessories for trucks, etc. (720)|
|049||X||Shells and Cartridges (720)|
|Nos. 50 and 56 Windfall Profit Tax (WPT), F–6047:|
|WPT Repealed 8–23–1988, Final TXPD 198809|
|4||050||X||By producer and withheld from producer 3–1–1980 (720)|
|050||X||—||By producer only, beginning 1–1–1984, and|
|056||X||Withheld from producer, beginning 1–1–1984 (720)|
|4||051||X||Alcohol sold as but not used as fuel (F–720)|
|052||X||Windfall Profits Tax—Annual Filer (TP source is F–6248) (720)|
|Environmental Taxes, P.L. 96–510 (720)|
|4||053||—||X||—||Petroleum-Domestic and Imported 4–1–1981 to 9–30–1985 (720)|
|4||053||—||X||—||Petroleum—Domestic only Reinstated 1–1–1987 (720)|
|See No. 16 Petroleum-Imported 1–1–1987|
|4||053||—||X||—||No. 53 to include re-instated Oil Spill tax at $0.05 per barrel effective 7–1–1994 until 12–31–1994, TXPDs 199409 and 199412 (6627 and 720)|
|4||054||—||X||—||Certain Chemicals, Begin 4–1–1981, Expired 9–30–1985 (720)|
|4||054||—||X||—||Certain Chemicals, Reinstated 1–1–1987 (720)|
|See No. 17, Imported Substances 1–1–1989, PL 99–499|
|4||055||—||X||—||Hazardous Waste, Begin 10–1–1983, Expired 9–30–1985 (720)|
|PL 99–499 repealed and allowed full refund No. 55|
|056||X||WPT Withheld from producer, 1–1–1984, F–6047 (720)|
|4||057||X||Tires Floor Stocks, abstract 66, 1–1–1984 (720)|
|4||058||—||X||—||Gas Sold for Gasohol Production: containing at least 10% alcohol. Began 1–1–1986, TXPD 198603, but new breakout for 58, 73, and 74 1–1–1993, TXPD 199303|
|4||073||—||X||—||Gas Sold for Gasohol Production: containing at least 7.7% alcohol, but less than 10%, 1–1–1993 (720)|
|4||074||—||X||—||Gas Sold for Gasohol Production: containing at least 5.7% alcohol, but less than 7.7%, 1–1–1993 (720)|
|4||059||—||X||—||Gasohol Sale or use: containing at least 10% alcohol. Began 1–1–86, TXPD 8603, but new breakout for 59, 75, and 76 1–1–1993, TXPD 199303 (720)|
|4||075||—||X||—||Gasohol Sale or Use: containing at least 7.7% alcohol, but less than 10%, 1–1–1993 (720)|
|4||076||—||X||—||Gasohol Sale or Use: containing at least 5.7% alcohol, but less than 7.7%, 1–1–1993 (720)|
|(See No. 62 for Gasoline only tax at 198603)|
|See No. 67 for Floor Stock Tax on Gasohol 1–1–1988.|
|4||060||—||X||—||Diesel Fuel only 1–1–1988, TXPD 198803 (720)|
|4||060||—||X||—||Diesel Fuel used in non-commercial powerboats 24.4 cents 1–1–1994 TXPD 199403. Floor Stock Tax due TXPD 199406 or earlier (720)|
|061||—||X||—||Diesel/SMF/Mixtures TXPD 198803 to 199012 (720)|
|4||061||—||X||—||Diesel Fuel Buses + LUST TXPD 199103 (SMF to No. 78 and 79, TXPD 199103) (720)|
|61||—||X||—||Liquefied Petroleum Gas (LPG) Propane Began October 1, 1997 (720)|
|4||062||P||X||—||Gasoline and Gasohol (198512 and prior TXPDs) (720)|
|4||062||—||X||—||Gasoline only. Beginning 4–1–1986, TXPD 198603 (720)|
|(See Nos. 58 and 59 for Gasohol related taxes)|
|4||062||—||X||—||Gasoline used in non-commercial powerboats (720)|
|4||063||X||Lubricating Oil (Repealed 1–6–1983) (720)|
|4||064||—||X||—||Inland Waterways Fuel Use (IWTF) TXPDs 198003 to 199012 (IWTF No. 076 at TXPD 199103) (720)|
|4||065||—||X||—||Gasoline Floor Stocks 4–1–1983, 199103 (720)|
|4||065||—||X||—||Gasoline Floor Stock Tax on tax-free gasoline in inventory 9¢ 1–1–1988, TXPD 198803, TXPD 199103 (720)|
|Form 637 Tax-Free Transactions Exemptions terminated/restricted|
|Floor Stock Tax on Gasohol No. 59 1–1–1988, and 1–1–1991|
|Floor Stock Tax on LUST TF No. 15 1/10¢ 1–1–1988|
|4||065||—||X||—||Gasoline No. 62 Floor Stock 4.3 cents 10–1–1993 (720)|
|4||066||P||X||Tires (New rates 1–1–1984) (720)|
|4||067||P||X||Inner Tubes (Repealed 1–1–1984) (720)|
|4||067||—||X||—||Gasohol Nos. 59, 75–76 Floor Stock 4.3 cents 10–1–1993 (720)|
|4||067||X||—||Floor Stock Tax on Gasohol on tax-free gasohol in inventory 3¢ 1–1–1988, TXPD 198803, TXPD 199103 (720)|
|4||068||P||X||Tread Rubber (Repealed 1–1–1984) (720)|
|4||069||—||X||Aviation Fuel Noncommercial, other than gasoline (720)|
|Nos 70 to 137 applied to ATF Forms 11 series and other forms until 7–1–1987 when ATF began processing the ATF forms.|
|Nos 70 to 79 apply to Forms 720, MTF 03 taxes for the LUST TF effective on Form 720 at 1–1–1988, that were reported for No. 15 for the period 1–1–1987 to 12–31–1987, 198703 to 198712. LUST Taxes Nos 70, and 72–76, combined with fuel taxes effective 1–1–1990, TXPD 199003.|
|4||070||—||X||—||LUST–60 Diesel Fuel, PL 99–499, (TXPD 198703 to 198912) (720)|
|4||070||—||—||—||Floor Stock Diesel Railroads Use .025 cents 12–1–1990, due on TXPD 199103 (F–720)|
|4||070||—||X||—||Diesel Railroad Use No. 71 Floor Stock 4.3 cents 10–1–1993 (720)|
|071||—||X||—||LUST–60 Diesel Fuel used by Railroads 1–1–1987 (720)|
|4||071||—||X||—||Diesel Fuel Railroads Use .025 cents (12–1–1990) + LUST (1–1–1987) (F–720)|
|072||—||X||—||LUST–61 SMF (198703 to 198912) (720)|
|4||072||—||X||—||Floor Stock Gas to Make Gasohol 12–1–1990 (720)|
|4||072||—||X||—||Gas to Make Gasohol Nos. 58, 73–74 Floor Stock 4.3 cents 10–1–1993 (720)|
|4||073||—||X||—||Gas Sold for Gasohol Production: containing at least 7.7% alcohol, but less than 10%, 1–1–1993, (720) LUST–62 Gasoline 1/10th gallon (198703 to 198912) (720)|
|4||074||—||X||—||Gas Sold for Gasohol Production: containing at least 5.7% alcohol, but less than 7.7%, 1–1–1993 (720)|
|074||—||X||—||LUST–58 Gas sold for gasohol production (198703 to 198912) (720)|
|075||—||X||—||LUST–59 Gasohol sold/used (198703 to 198912) (720)|
|4||076||—||X||—||LUST–64 Inland Waterways Use (198703 to 198912) (F–720)|
|4||077||—||X||—||LUST–69 Aviation Fuel Floor Stock Tax 4–1–1988, TXPD 198806 (720)|
|4||078||—||X||—||Diesel Fuel Buses with LUST TXPD 199103 (F–720)|
|4||079||—||X||—||SMF Mixtures Alcohol Methanol Ethanol with LUST 1–1–1991 (720)|
|4||079||—||X||—||Other Special Fuels 10–1–1997 (720)|
|4||080||—||X||—||Unidentified/unknown, Z Coded return (720)|
|Nos. 81 to 84 apply to F–720, MFT 03, for the Vaccine Injury Compensation Trust Fund (VIC TF), PL 100–203, effective 1–1–1988, begin TXPD 198803:|
|081||—||X||—||DPT Vaccine—Pertusia bacteria/antigens $4.56 per dose (720) Expired|
|082||—||X||—||DT Vaccine—Diphtheria/tetans tox pd $0.06 per dose (720) Expired|
|083||—||X||—||MMR Vaccine—Measles, mumps, rubella $4.44 per dose (720) Expired|
|084||—||X||—||Polio Vaccine—Polio virus $0.29 per dose (720) Expired|
|4||81–84||—||X||—||Vaccine taxes Expired 12–31–1992, Final TXPD 199212. Re-instated plus Floor Stocks 8–11–1993, TXPD 199309 (720)|
|4||81–84||—||X||—||Vaccine taxes Expired 8–5–1997. See Abstract 103 for new vaccines (720)|
|4||085||—||X||—||Diesel No. 60 Floor Stock Tax 15¢ 4–1–1988, TXPD 198806 (720)|
|4||085||—||X||—||Diesel No. 60 Floor Stock 4.3 cents 10–1–1993 (720)|
|4||086||—||X||—||Diesel No. 61 Floor Stock Tax 9¢, 4–1–1988, TXPD 198806 (720)|
|Nos. 85 and 86 LUST will be added on (15.1¢ and 09.1¢) (720)|
|LUST .1¢ due by Railroads reported under No. 71|
|4||086||—||X||—||Diesel/SMF No. 61 Floor Stock 4.3 cents 10–1–1993 (720)|
|4||087||—||X||—||Aviation Fuel No. 69 Floor Stock Tax 14¢, 4–1–1988, TXPD 198806 (720)|
|LUST .1¢ due for Aviation reported under No. 77|
|4||087||—||X||—||Av Fuel No. 69 Floor Stock 4.3 cents 10–1–1993 (720)|
|4||088||—||X||—||Diesel No. 60 Floor Stock for change in tax collection point to from retailer to refiner and Marina diesel fuel used in powerboats 24.4 cents 1–1–1994 (720)|
|4||089||—||X||—||Vaccines Nos 81–84 Floor Stock taxes at 8–10–1993.|
|4||090||—||X||—||Luxury tax on Airplanes 1–1–1991 over 250,000 REP. 8–10–1993 (720)|
|4||091||—||X||—||Luxury tax on Boats 1–1–1991 over 100,000 REP. 8–10–1993 (720)|
|4||092||—||X||—||Luxury tax on Cars 1–1–1991 over 30,000 (720) Expired|
|4||093||—||X||—||Luxury tax on Furs 1–1–1991 over 10,000 REP. 8–10–1993 (720)|
|4||094||—||X||—||Luxury tax on Jewelry 1–1–1991 over 10,000 REP. 8–10–1993 (720)|
|4||095||—||X||—||Aviation Fuel (O/T Gasoline) 3–17–1997 (720)|
|4||096||—||X||—||Aviation Gasoline 3–17–1997 (720)|
|4||097||—||X||—||Vaccine 8–6–1997 (720)|
|4||098||—||X||—||ODC Manufactured or Imported only 1–1–1993 (720)|
|4||099||—||X||—||Reserved for AIMS input only for expired or repealed MFT 03 taxes (720)|
|4||101||—||X||—||CNG = Compressed Natural Gas 4.3 cents 10–1–1993 (720)|
|4||102||—||X||—||Arrows—Component Parts 10–1–1997 (720)|
|4||103||—||X||—||Kerosene No. 35 Floor Stock 10–1–1997 (720)|
|4||104||—||X||—||Diesel-water fuel emulsion .198 (720)|
|4||105||—||X||—||Dyed diesel fuel, LUST tax .001|
|4||106||—||X||—||Arrow Shafts 04–01–2005 (720)|
|4||107||—||X||—||Dyed kerosene, LUST tax .001|
|4||108||—||X||—||Taxable tires other than biasply or super single tires|
|4||109||—||X||—||Taxable biasply or super single tires (other than super single designed for steering)|
|4||110||—||X||—||Fishing rods and fishing poles|
|4||111||—||X||—||Kerosene for use in aviation, LUST tax on nontaxable uses, including foreign trade|
|4||112||—||X||—||Liquefied petroleum gas (LPG)|
|4||113||—||X||—||Taxable tires, super single designed for steering|
|4||114||—||X||—||Fishing Tackle Boxes 01/01/2005 (720)|
|4||115||—||X||—||Aviation Grade Kerosene (floor stock) 01/01/2005 (720)|
|4||116||—||X||—||Aviation grade kerosene used in commercial aviation (floor stock) 01/01/2005 (720)|
|4||117||—||X||—||Biodiesel sold but not used as fuel 01/01/2005 (720)|
|4||118||—||X||—||P- series fuels|
|4||120||—||X||—||Compressed natural gas (CNG) (GGE = 126.67 cu. ft.)|
|4||122||-||X||-||Any liquid fuel derived from coal (including peat) through the Fischer-Tropsch process|
|4||123||—||—||—||Liquid hydrocarbons derived from biomass|
|4||124||X||—||—||Liquefied natural gas (LNG)|
|4||125||X||—||—||LUST on Inland Waterway Use Tax|
|127 to 128||X||—||—||Stamps Repealed |
|129||X||—||—||Interest Equalization Tax Repealed|
|130 132||—||X||—||Amusement Tax Repealed|
|131||X||Coin Operated Gaming Devices (11–B)|
|134||X||Wagering, Occupational (11–C)|
|135||X||Wagering, Excise (730)|
|138||X||Highway Use Tax (2290)|
|139||X||X||Other Unidentified until corrected NMF Forms|
|141 to 142||Different Tax Class, refer to first (1) section|
|144 to 146||Different Tax Class, refer to first (1) section|
|148||X||Aircraft Use Tax, Expired 9–30–1988 (4638)|
|149||X||X||Investment Income (990–PF.5227)|
|150||X||Self Dealing (4720A)|
|151||X||Undistributed Income (4720)|
|152||X||Excess Holding (4720)|
|153||X||X||Jeopardizing Investment (4720A, 4720)|
|154||X||X||Taxable Expenditures (4720A, 4720)|
|155||X||X||Failure to Timely File. (Exempt Organization 990, 990P, 990PF, 5227)|
|4||155||—||X||—||Also Forms 1041–A, 2758 Short Form Return Organization Exempt From Income Tax. Began TXYR 1989 on BMF 1–1–1990 (990EZ)|
|156||X||X||Chapter 42 Penalty for Willful Violations|
|157||X||Failure to Timely File Annual Report (990–AR)|
|158||X||X||Termination of PF Status|
|159||X||Prohibited Transactions (5330)|
|160||X||—||—||Tax on Excess Contributions to an IRA (5329)|
|4||161||X||—||—||Nondeductible Contributions IRC 4972 (5330)|
|162||X||—||—||Tax on Certain Accumulation in an IRA (5329)|
|163||X||Failure to Meet Minimum Funding (5330)|
|164||X||Excess Contributions to Custodian Account (5330)|
|165||X||Failure to File Annual Registration Statement 6652(d)1 (5500)|
|166||X||Failure to File Notification of Change of Plan 6652(d)2 (5500)|
|167||X||Failure to File Return or Statement, Employees Plans (5500 Series)|
|168||X||Failure to Furnish Individual Statement to Participant 6652(i) (5500)|
|4||169||X||Failure to File Actuarial Report 6692 (5500)|
|170||X||Runaway Parents (Child Support)|
|171||X||Failure to Report IRA Accounts (5500)|
|NO. 173–181 Tax Return Preparers Program|
|173||X||Negligent or Intentional Disregard of Rules and Regulations IRC 6694(A)|
|174||X||Willful Understatement of Liability IRC 6694(B)|
|175||X||Failure to Furnish Copy to Taxpayer IRC 6695(A)|
|176||X||Failure to Sign Return IRC 6695(B)|
|177||X||Failure to Furnish Identifying No. IRC 6695(C)|
|178||X||Failure to Retain Copy of List IRC 6695(D)|
|179||X||Each Failure to File Current Information Return. IRC 6695(E)1|
|180||X||Each Failure to Set Forth an Item in Information Return. IRC 6695(E)2|
|181||X||Negotiation of Check. IRC 6695(F)|
|182||X||Grass roots excess expenditures over nontaxable amount (4720)|
|183||X||Lobbying excess expenditures over nontaxable amount (4720)|
|4||184||X||—||—||Excess Profit Tax on Navy Contracts—Obsoleted 1–6–1982 (F–949 Navy Vessels, F–949A Aircraft)|
|NO. 185–187 Black Lung Benefits Revenue Act 1977|
|185||X||Black Lung—Self dealing (990–BL)|
|186||X||Black Lung—Taxable expenditures (990–BL)|
|187||X||Black Lung—Excess contributions to Black Lung Benefit Trusts (6069)|
|188||X||Abusive tax shelters TEFRA, Sec. 320|
|189||X||Aiding and abetting TEFRA, Sec. 324|
|4||190||X||Frivolous income tax returns TEFRA, Sec. 326|
|3||191||X||—||—||Arbitrage Rebate if tax-exempt bond issue proceeds used for arbitrage after 12–31–1986 (PSC only) IRC 148(f). (8038–T)|
|Nos. 192 and 193 effective with Tax Year 1987 returns:|
|4||192||X||—||—||Excise Tax on Undistributed Income of Real Estate Investment Trust (REIT) (198612)|
|4||193||X||—||—||Excise Tax on Undistributed Income of Regulated Investment Companies (RIC) (198613)|
|4||194||X||—||—||Excess distribution on regular IRA (Expired 12–1996) (5329)|
|4||195||X||—||—||Excess distribution on lump sum IRA (Expired 12–1996) (5329)|
|(Nos. 194–195 effective 1–1–1990)|
|4||199||X||—||—||Reserved. SCF–13–41 No. 999 converted to 199 for Program 180–52. Nos. 200 to 206, P.L. 514. F–5330 on BMF at 1–1–91|
|4||200||X||—||—||Disqualified Benefits IRC 4976 (5330)|
|201||X||—||—||Excess Fringe Benefits IRC 4977 (5330)|
|202||X||—||—||Certain ESOP Distributions IRC 4978B (5330)|
|203||X||—||—||Prohibited Allocations (ESOP) IRC 4979A (5330)|
|204||X||—||—||Reversion of Plan Assets IRC 4980 (5330)|
|205||X||—||—||Excess Contributions IRC 4979 (5330)|
|206||X||—||—||Excess Accumulations IRC 4974 (5329)|
|Note: Some of these are other than Tax Class 4: See Part (1)|
|3||207||X||—||—||US Real Estate Mortgage Investment Conduit Income Tax Return, Begin on NMF 1–1–1988. (ANSC Only) (1066)|
|3||207||X||—||—||US Real Estate Mortgage Investment Conduit Income Tax Return, Begin on BMF 1–1–1989. (1066)|
|2||208||X||—||—||US Withholding Tax Return for Dispositions by Foreign Persons of US Real Property Interest (PSC Only) (8288)|
|4||209||X||—||—||Tax on certain ESOP dispositions. (Sec. 4978 and 4978A) (5330)|
|X||—||—||Interest Computation Under the Look-Back Method for Completed Long-Term Contracts on F–8697 as follows:|
|2||212||X||—||—||Estate or Trust (8697)|
|4||213||X||X||—||Tax on Political Expenditures IRC 4955. (4720, 4720A)|
|4||214||X||X||—||Tax on Disqualifying Lobbying Expenditures IRC 4912.(4720, 4720A) F–4720A: Levied on organization Manager(s), form is created by photocopying F–4720, and adding "A" to it for ANMF processing of penalties on individuals, abstracts 151–154. F–4720: Levied on Organization, ANMF or BMF abstracts 151–154, 182, 183, 213, 214.30390 and 6103|
|1||215||X||—||—||IRC 1446 WHT F–1065 (8–1–1989) (198804, 198805)|
|5||217||X||—||—||Generation-Skipping Transfer Return for Distributions \//// 1–1–1990 F–706GS(D)|
|5||218||X||—||—||Generation-Skipping Transfer Tax for Terminations \//// 1–1–1990 F–706GS(T)|
|5||217 to 218||X||—||—||Forms 706GS(D) and (T) on BMF effective 1–1–1991.|
|4||219||X||—||—||Change in Corporate Control, Begin 1991, PL 101–239, Penalty $500 per day, maximum $100,000 (8820)|
|5||220||X||—||—||US Estate Tax Qualified Domestic Trust|
|5||220||—||X||—||ANMF PSC only 8–1991, BMF 1992. IRC 2056A and (d). (F–706–QDT)|
|6||221||X||—||—||Excise Taxes on Excess Inclusions of REMIC Residual Interests (Real Estate Mortgage Investment Conduit) IRC 860E(e)(1). Due beginning 3–24–1993|
|4||222||X||—||—||Low-Income Housing Credit Allocation Certification (198609), and Annual Statement (8609A)|
|4||223||X||—||—||Annual Low-Income Housing Credit Agencies Report (8610). Forms 8609 and 8610 (PSC only, begin 1993)|
|4||224||X||—||—||Additional Tax on Prohibited Transactions IRC 4975(b). (F–5330)|
|4||225||X||—||—||Additional tax on Failure to Meet Minimum Funding IRC 4971(b). (F–5330)|
|4||226||X||—||—||Tax on Failure to Pay Liquidity Shortfall IRC 4971(f)(1). (F–5330)|
|4||227||X||—||—||Additional Tax for Failure to Pay Liquidity Shortfall IRC 4971(f)(2). (F–5330)|
|4||228||X||—||—||Failure to provide notice of Signification reduction in future accruals. IRC 4980 F Section 653–659 (F–5330)|
|4||231||X||—||—||Failure to Provide for 18 months Guaranteed Health Coverage IRC 4980 (b) COBRA|
|4||232||X||X||—||Initial Taxes on Excess Benefits Transaction IRC 4958 (F–4720A)|
|4||233||X||—||—||Tax on Excess MSA Contributions Section 4973(A)2 (F–5329)|
|6||234||X||-||-||Pay the 40% excise tax imposed under section 5891 on the factoring discount|
|0||235||X||-||-||Tax on Excess Contribution ED IRA IRC 4973 (a)(4)|
|0||236||X||-||-||Tax on Excess Roth IRA Contributions IRC 4973 (a)(1)|
|4||237||X||Prohibited Tax Shelter Transaction IRC Section 4965 Forms 4720 and 5330|
|4||238||X||Tax on Taxable Distributions IRC Section 4966 Form 4720|
|4||239||X||Tax on Prohibited Benefits IRC Section 4967 Form 4720|
|4||240||X||Tax on Unrelated Business Taxable Income of Charitable Remainder Trusts Section 664(c)(2) Form 4720|
|4||999||X||—||—||Reserved. SCF–13–41 converts any invalid number encountered to 999 until corrected.|
|CRN||Description||Effective Date||Expired Date|
|302||Gasoline to make Gasohol||09/30/2001|
|304||Special Motor Fuel||09/30/2001|
|305||Diesel Fuel used in Intercity buses||09/30/2001|
|307||Renewable diesel mixtures 1.00||2006|
|310||Aviation Fuel Commercial Use||09/30/2001|
|311||Overpayment Windfall Profit Tax||09/30/2001|
|314||Form 1040 N/A|
|315||Form 1040 N/A|
|316||Form 1040 N/A|
|317||Form 1040 N/A|
|318||Diesel powered vehicle credit||8/20/1996|
|320||Accum. Earnings Tax (used by Exam only)|
|321||Personal Holding Corp. Tax (used by Exam only)|
|322||Local telephone service and toll telephone service||10/01/2001|
|323||Compressed natural gas (IRS No 101)||10/01/2001|
|324||Aviation gasoline (IRS No 14) (o/t CRN 354)||10/01/2001|
|325||Environmental Tax (RC 59A)||1/31/1987|
|326||Transportation of persons by air||10/01/2001|
|327||Use of international air travel facilities||10/01/2001|
|328||Transportation of property by air||10/01/2001|
|329||Transportation by water||10/01/2001|
|331||Sport fishing equipment||10/01/2001|
|332||Electric outboard motors and sonar devices||10/01/2001|
|333||Adjustments to Form 1042S (Not Excise)|
|334||Adjustments to EDA (Not Excise)||10/01/2001|
|335||Adjustment to Schedule H Advanced EIC (Not Excise)||10/01/2001|
|336||Child Tax Credits (Not Excise)||10/01/2001|
|337||Spousal MFT 31 Payments (Not Excise)||10/01/2001|
|338||Not applicable to Excise||10/01/2001|
|339||Not applicable to Excise||10/01/2001|
|341||Sport Fishing equipment||10/01/2001|
|342||Electric outboard motors and sonar devices||10/01/2001|
|343||Not applicable to Excise||10/01/2001|
|345||Ozone-depleting chemicals (flr stks) IRS No. 20||10/01/2001|
|346||Kerosene (IRS No. 35) (o/t CRNS 347 and 348)||10/01/2001|
|347||Nontaxable use of undyed kerosene in certain intercity and local buses||10/01/2001||06/30/2002|
|348||Nontaxable use of undyed kerosene in trains||10/01/2001||06/30/2002|
|349||ODC tax on imported products (IRS No. 19)||10/01/2001|
|350||Nontaxable use of undyed diesel fuel in certain intercity and local buses||10/01/2001|
|351||Alcohol sold as but not used as fuel||10/01/2001|
|352||Nontaxable use of LPG in certain intercity and local buses||10/01/2001|
|353||Nontaxable use of undyed diesel fuel in trains||10/01/2001|
|354||Nontaxable use of aviation gasoline in commercial aviation (o/t foreign trade)||10/01/2001|
|355||Nontaxable use of aviation fuel in commercial aviation (o/t foreign trade)||10/01/2001|
|356||Use of gasoline for 10% gasohol blending||10/01/2001||12/31/2004|
|357||Use of gasoline for 7.7% gasohol blending||10/01/2001||12/31/2004|
|358||Gasoline for 10% gasohol||10/01/2001||12/31/2004|
|360||Diesel fuel (o/t CRNs 350 and 353)||10/01/2001|
|361||LPG (o/t CRN 352)||10/01/2001|
|363||Use of gasoline for 5.7% gasohol blending||10/01/2001||12/31/2004|
|364||Inland waterways fuel use||10/01/2001|
|369||Aviation fuel (o/t CRNs 355 and 377)||10/01/2001|
|370||Arrow components (IRS No. 102)||10/01/2001|
|371||Dyed diesel fuel used in trains||10/01/2001|
|372||Not Applicable to Excise||10/01/2001|
|373||Gasoline for 7.7% gasohol||10/01/2001||12/31/2004|
|374||Gasoline for 5.7% gasohol||10/01/2001||12/31/2004|
|377||Aviation fuel for use in commercial aviation (o/t foreign trade) (o/t CRN 355)||10/01/2001|
|378||Dyed diesel fuel used in certain intercity or local buses||10/01/2001|
|380||Foreign insurance (IRS No. 30)||10/01/2001|
|381||Obligations not in registered form (IRS No. 31)||10/01/2001|
|382||Coal - Underground mined (IRS No. 36) (per ton)||10/01/2001|
|383||Truck, trailer, and semi-trailer chasses and bodies, and tractors (IRS No. 33)||10/01/2001|
|384||Coal - underground mined (IRS No. 37)(% of sales price)||10/01/2001|
|385||Coal - surface mined (IRS No. 38) (per ton)||10/01/2001|
|386||Coal - surface mined (IRS No. 39) (% of sales price)||10/01/2001|
|387||Fishing tackle boxes||1/1/2005|
|388||Qualified biodiesel (other than agri-biodiesel) mixtures .50||1/1/2005|
|390||Qualified agri-biodiesel mixtures 1.00||1/1/2005|
|393||Alcohol mixtures containing ethanol .51||1/1/2005|
|394||Alcohol mixtures containing alcohol o/t ethanol .60||1/1/2005|
|395||Other non taxable use (LPG)||1/1/2005|
|411||Nontaxable use of Gasoline Exported|
|412||Nontaxable use of Aviation Gas Exported|
|413||Nontaxable use of Undyed Diesel fuel Exported|
|414||Nontaxable use of Undyed Kerosene Exported|
|415||Nontaxable Exported dyed diesel fuel|
|416||Nontaxable Exported dyed kerosene|
|417||Kerosene used in Commercial Aviation (other than foreign trade)||2006|
|418||Nonexempt Kerosene used in noncommercial aviation||2006|
|419||Nontaxable Liquefied Petroleum Gas (LPG)||2006|
|420||Nontaxable P-Series fuels||2006|
|421||Nontaxable Compressed Natural Gas (CNG) (GGE = 126.67 cu. ft.)|
|422||Nontaxable Liquefied hydrogen|
|423||Nontaxable use of any liquid fuel derived from coal (including peat) through the Fischer-Tropsch process|
|424||Nontaxable use of liquid hydrocarbons derived from biomass|
|425||Nontaxable use of Liquefied Natural Gas (LNG)|
|426||Alternative Fuel Credit Liquefied Petroleum Gas (LPG) .50|
|427||Alternative Fuel Credit P-Series Fuels .50|
|428||Alternative Fuel Credit Compressed Natural Gas (CNG) (GGE = 121 cu. ft.) .50|
|429||Alternative Fuel Credit Liquefied Hydrogen .50|
|430||Alternative Fuel Credit Any liquid fuel derived from coal (including peat) through the Fischer-Tropsch process .50|
|431||Alternative Fuel Credit Liquid hydrocarbons derived from biomass .50|
|432||Alternative Fuel Credit Liquefied Natural Gas (LNG) .50|
|433||LUST Tax on aviation fuels used in foreign trade|
|434||LUST Tax on fuels used in Trains or Inland Waterways|
|435||Nontaxable use of liquefied gas derived from biomass||2008|
|436||Liquefied gas derived from biomass||2008|
|437||Compressed gas derived from biomass||2008|