Companies in the construction industry that are using gasoline-powered machinery on private sites.
Warehousing and manufacturing units that use their equipment inside their premises.
Gasoline used in tractors, irrigation systems, and harvesting equipment.
Gasoline consumed by farm equipment that only serves farmland.
Federal, state, and local governmental activities that include gasoline.
NPOs that meet certain guidelines of the IRS.
Taxpayers should use the Schedule C form to record credits associated with federal
excise
taxes.
It is applied to record the credit for fuel used in qualifying non-taxable usage of
gasoline
activities.
It ensures that the fuel tax credits computation is performed properly as per IRS
requirements.
When filing Form 720, Schedule C should be attached.
The form helps in identifying the fuel type used.
It calculates the credit value based on the fuel tax rate imposed by the IRS.
Gather gasoline receipts that show the quantity of gallons bought, dates and
supplier information.
Keep usage logs, making sure to separate off-highway business use from highway
travel.
Off-highway gallons to be credit eligible x 18.3¢ rate (500 gal * $0.183 = $91.50
credit).
Keep separate logs for equipment such as construction equipment, farm use tractors,
or generators.
Enter the type of gasoline and qualifying gallons on the lines of Schedule C. The
form will
automatically calculate your credit based on IRS rates.
Remember to include it with your quarterly Form 720.
The automated E-file720 system is used to file securely and instantly with the IRS.
It has in-built validation that helps in trapping mistakes before you send your
filing, and
therefore, no paper mailing is required.
You get IRS acknowledgment instantly.
Retain electronic records of receipts, logs, and filing confirmation of at least 4
years
(IRS audit requirement).
Pro Tip: Q1 2026 Form 720 deadline is April 30. Submitting your filing early will allow you to avoid any fines!
| Industry | Eligible Equipment & Uses |
|---|---|
| Construction | Gasoline for loaders, compactors, and generators on private sites |
| Farming | Equipment for planting, harvesting, irrigation, and off-road farm vehicles |
| Manufacturing | Equipment powering production, indoor maintenance machinery |
The Gasoline receipts should indicate their quantity, price, and date of purchase.
The name of the vendor or supplier should be displayed in detail.
Record the fuel consumption in activities eligible for credit.
Separate taxable highway use from non-taxable usage whenever possible.
| IRS Form / Schedule | IRS Number | Purpose | Filing Frequency |
|---|---|---|---|
| Quarterly Federal Excise Tax Return | Form 720 | Reports federal excise taxes and related claims | Quarterly |
| Claims for Excise Tax Credits | Schedule C (Form 720) | Reports credits, including non-taxable fuel use | Quarterly |
| Claim for Refund of Excise Taxes | Form 8849 | Requests refunds of certain excise taxes | As Needed |
| Fuel Tax Refund Claims | Schedule 1 (Form 8849) | Used to claim fuel tax refunds | As Needed |
| Fuel Type | IRS Excise Tax Rate |
|---|---|
| Gasoline | 18.3 cents per gallon (18.4¢ as of 2025 per IRS updates) |
The non-taxable use of gasoline is conveniently reported via e-filing to the IRS.
This method offers business organizations immediate acknowledgment of the claims.
Reduction of postal delays and waiting time to check claims.
The current fuel credit is accurately forwarded to the taxpayer with the help of automated calculations.
Before sending, built-in validation checks for unauthorized or missing details.
It avoids mistakes originating from the manual data entry that often occur in paper filings.
Encryption technology safeguards confidential taxpayer and fuel consumption information.
Secure IRS-authorized transmission ensures data integrity during submission.
It keeps records well-protected and easily accessible in the future.
Companies can manage fuel purchase information and claim details on a single platform.
Digital storage eliminates the need for searching through paperwork.
Helps maintain proper records for compliance and IRS verification.
Online filing systems track the amount of gasoline purchased and used.
Business owners can efficiently maintain the schedule and avoid missing any deadlines.
Organized tracking ensures accurate reporting of non-taxable use of gasoline credits.
E-file your Schedule C on time, list your qualifying gallons, and grab the eligible fuel tax credits using efile720.com, a secure IRS-authorized provider platform.
File Form 720 NowNon-taxable use of gasoline refers to instances where gasoline is used for purposes exempt from the federal highway fuel tax.
Examples: Farming purposes, use of off-highway business equipment, or government vehicles.
Typically, businesses indicate their non-taxable use of gasoline on Schedule C, which is then attached to Form 720 (Quarterly Federal Excise Tax Return).
Refunds may also be claimed by filing Form 8849.
Presently, the federal excise tax on gasoline is set at 18.3 cents per gallon.
Businesses that are eligible for non-taxable use of gasoline can figure out their credits based on this rate.