A qualified diesel fuel credit claimant is a registered ultimate vendor who is entitled to claim federal excise tax credits on undyed diesel fuel sold to a qualified non-taxable use.
| Use Category | Credit Rate | Eligible Buyers/Use | Key Vendor Requirement |
|---|---|---|---|
| State/Local Government | $0.243 | State, local, or tribal governments | Proof of government use (e.g., exemption certificate) |
| Intercity/Local Bus | $0.17 | Qualified bus operators | Valid Model Waiver N from buyer |
The claim should be based on diesel fuel that was sold over a duration of at least one week. This is usually accompanied by claims made quarterly in Schedule C (Form 720).
You can use a combination of Lines 7, 8, and 9 of Schedule C to meet the minimum (other fuel-related credits).
Check your UB registration number and ensure that you are the registered ultimate vendor of undyed diesel fuel.
Make sure that your buyers have presented the necessary certificate or waiver (Model Certificate P / Model Waiver N) in respect of every qualified sale.
Undyed diesel fuel in gallons.
Buyer type (state/local government, tribal government, or intercity/local bus operator).
Dollar prices and dates of sale.
For Line 7a
Credit = eligible gallons * 0.243
For Line 7b (with valid waiver)
Credit = eligible gallons * 0.17
These amounts can be calculated automatically by an e-filing system, depending on your data uploads.
Enter the claim period and your registration number.
Record gallons and credit balances on Line 7a and/or Line 7b accordingly.
Proper selection of IRS lines (Schedule C - Line 7).
Proper gallon to credit calculation.
No claims on the same gallon.
File your Form 720 with Schedule C electronically by the use of the IRS Modernized e-File (MeF) system.
Receive electronic acknowledgment from the IRS; processing times may vary depending on filing volume.
E-filing saves on turnaround time as compared to paper returns.
Lines 7a and 7b are prone to making errors that are avoided through automated calculations and real-time validation.
The sales data of vendors undyed diesel fuel is sent via an e-filing channel approved by the IRS.
Keep records of all vendor diesel fuel in a single dashboard to be audited and reported.
Taking the same gallon of diesel fuel as a purchaser and as a seller.
The submission of Line 7b without a valid, unexpired waiver from the buyer.
Substituting undyed diesel fuel with dyed (visible dye) diesel fuel.
Incorrectly applying the $200 minimum threshold to Schedule C (this applies only to Form 8849 claims)
Failure to store certificates, waivers, and fuel-sale records not less than 4 years.
File Your Vendor Diesel Fuel Credit - Claim Sales by Registered Ultimate Vendors of Undyed Diesel Fuel Online
File Form 720 NowThe vendor diesel fuel credit allows registered ultimate vendors of undyed diesel fuel to recover the federal excise tax on diesel sold to eligible buyers, such as state/local governments and intercity/local bus operators, when the fuel is used for non-taxable or exempt purposes.
The registered ultimate vendor of the undyed diesel fuel can only claim the credit, but the requirements include the necessary certificate or waiver on the part of the buyer and the use conditions of the IRS requirements.
The diesel that is sold in line 7a can only be used by the state or local government at 0.243 per gallon.
Line 7b is diesel sold to be used in some intercity and local buses at a rate of $0.17 per gallon, though the purchaser must produce an effective waiver.
Yes. In the case of Line 7b, the buyer should waive their rights to the credit by submitting a waiver (Model Waiver N) to the vendor that is not out of date.
Without this waiver, the vendor is not entitled to claim Line 7b.