A qualified claimant is a registered ultimate seller of aviation gasoline who sells fuel to qualified purchasers for exempt uses that are permitted under federal excise tax regulations.
The aviation gasoline should be sold to be utilized by:
Claims must be reported under:
| Use Category | Credit Rate | Eligible Buyers/Use | Vendor Requirement |
|---|---|---|---|
| Nonprofit Educational Use | $0.193 per gallon | Schools and educational institutions | Valid certificate from the buyer |
| State / Local Government Use | $0.193 per gallon | Government and tribal entities | Proof of exempt usage |
Aviation gasoline has to be sold within a minimum of one week.
Typically reported quarterly using Form 720 (Schedule C)
The amount of the total aviation gasoline tax credit claim must be $200.
Claims from related lines can be combined to meet the threshold
Make sure that you are registered with the IRS as a registered ultimate vendor of aviation gasoline.
Make sure that buyer certificates (Model Certificate M) are valid and up to date.
Record details of aviation gasoline gallons sold and buyer type.
Keep invoices, the date of transactions, and sales information to aid auditing.
Calculate credit: Eligible gallons x $0.193 per gallon.
Only qualified sales are to be included that meet the requirements of the aviation gasoline tax credit.
Record reporting information and report gallons on line 11.
Check against any duplication of claims, correct use of rates, and buyer classification.
Processes through the IRS Modernized e-File (MeF) system.
Get immediate recognition and enjoy expedited processing.
E-filing enhances the speed of filing of aviation gasoline tax credit claims.
Obtain faster IRS recognitions and minimize total turnaround.
Automated systems minimize Line 11 reporting and gallon-to-credit errors.
With built-in validations, missing data and wrong submissions are detected.
Data is transferred via encrypted systems authorized by the IRS.
Secures the sensitive fuel sales and taxpayer information.
Keep all the aviation gasoline records and filings at a single point for easy access.
Streamlines audit preparedness using structured, retrievable electronic records.
Counting the same gallon of aviation gasoline twice.
Filing without a legitimate Model Certificate M.
Improper classification of buyers.
Failure to report via the valid IRS line.
Failure to keep records for at least 4 years.
Claim your Schedule C (Form 720) Line 11 properly and claim eligible amounts of aviation gasoline tax credit without delays or compliance risks.
File Form 720 NowIt is a federal credit of an excise tax on aviation gasoline sold to qualified exempt uses.
Only ultimate vendors registered by the IRS and who have met all documentation and eligibility requirements.
On Schedule C, which was attached to Form 720 (Line 11).
Yes. The aviation gasoline tax credit is claimed with a valid Model Certificate M.
A minimum of $200 applies for Schedule C filings.