Form 720 Release Memo for TY2016Q1v1.0
July 20, 2015
MeF Excise 720 Stakeholders:
We have posted Tax Year 2016 eXtensible Mark-up Language (XML) Schemas and Business Rules for the Form 720, Quarterly Federal Excise Tax Return that include new tax year form(s) and tax law changes.
The posted Schema version TY2016Q1v1.0 was generated by using the latest schemas in production. The XML standardization was applied and is available for program planning purposes. These will not be used in ATS or Production.
The following updated Schemas and Business Rules have posted to irs.gov:
The above Schema includes all tax forms for Form 720. This is a major version update to the schemas and business rules. All changes to the schemas can be found in the “Diff” files.
Business Rule Changes:
Business Rules are posted in two different formats that contain identical information; Adobe (.pdf), and Comma Separated File (.csv). A column within the file identifies changes made from the previous version to help clarify what changes were made.
If you have any questions about the Schemas or Business rules, please send your inquiry to the MeF Mailbox.