Form 8849 – Claim for Refund of Excise Tax return
Form 8849 and Claiming a Credit Online
If by any chance you paid or deposited in additional to the IRS over your tax liabilities
while filing an excise tax return, you are liable to get a refund when IRS approves
it. IRS Form 8849 makes this possible for you, when you file claims you get the
additionally paid dollars back. IRS usually pay’s you back in check by sent it to
your mailing address. Ensure choosing the right schedule when filing claims for
excise tax refund.
You need to have important documents when filing claims:
- TIN or Taxpayer Identification Number
- The Period of the Claim
- Item Number
- Rate
- Number of Gallons
- Refund Amount
Form 8849 and Its Schedules:
Use form 8849 Schedule 1 claims’ for non-taxable use of gasoline, non-taxable use
of aviation gasoline, non-taxable use of undyed diesel fuel, non-taxable use of
undyed kerosene, kerosene used in aviation, non-taxable use of alternative fuel,
non-taxable use of a diesel-water fuel emission, and exported dyed fuels and gasoline
blend-stocks.
If you are a registered ultimate vendor use form 8849 Schedule 2 claims for undyed
diesel fuel, kerosene, and undyed kerosene that have been used in aviation, gasoline,
and aviation gasoline.
Form 8849 Schedule 3 claims is used to claim credits that are alcohol fuel mixture
credit, biodiesel or renewable diesel mixture credit, and alternative fuel mixture
credit.
Form 8849 Schedule 5 claims is used for refund of second tax filed for various fuel
types such as aviation gasoline, diesel fuel, kerosene, diesel-water fuel emulsion,
kerosene for aviation use, kerosene for commercial aviation use, diesel fuel, and
gasoline.
Use form 8849 Schedule 6 for all other claims reported in Form 2290, Form 720, Form
730, and Form 11-C.
To be noted:
- Sold/Destroyed/Stolen Vehicle Claims can be claimed
using Form 8849 Schedule 6.
- Under mileage Vehicle Claims and over paid tax dues
can also be claims using Form 8849 Schedule 6.
Form 8849 Schedule 8 is for registered credit card issuers to claim refunds on sale
of certain taxable fuel such as diesel and kerosene to state/local government or
to non-profitable educational organizations.
Multiple Claims for Refunds
This has been the most frequently asked questioned to us. Customers call us and
ask if they can file a claim multiple times in one quarter. Well, the answer is
No. You’re not allowed to file a claim more than once in one quarter. So it is advisable
to double check and file your claims.
Getting Refunds Electronically
At this point of time, excise tax refunds are not distributed online. You will receive
your claims in the form of paper checks. Currently, IRS is working on electronic
refund option as well. So let’s wait around, you can access your refunds online
in a while.
Online Filing with TaxExcise.com is safe and secure
Well, this is one subject asked by all since the time E-filing has taken its vows.
As it is easy, accurate, and fast, you tend to save much time and also some dollars.
The advantage here is that you could zero down all possible human errors while preparing
a claim and avoid delays in processing your claims.
When you do a claim request online, it reaches IRS instantly for processing and
you’ll receive an acknowledgement right away. If you have missed out something that
does not match with IRS record you return would get rejected, you may correct it
instantly and resubmit it to the IRS for processing.
Once IRS approves your claim, the money you owe back is paid in check, sent to your
mailing address quoted in the return previously filed with the IRS. If you choose
e-file your check would reach you fast over paper filed returns which takes months.
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certificate, a leading Global Certificate Authority and McAfee Secure, making sure
to serve you with the best and the secured website to file your return online.
Also, we always tell our customers to check if the site they’re filing with is secured
and IRS certified because as the technology is moving rapidly, number of frauds
are increasing.
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and more, we are just a phone call away,
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