Get the free Form 637

Form 637 is used to apply for excise tax registration for certain activities as specified by the Internal Revenue Service (IRS). It includes sections for identifying the applicant, detailing business

How to fill out form 637

How to fill out Form 637

1. Obtain Form 637 from the IRS website or your local IRS office.
2. Enter your personal information in the designated fields, including your name, address, and taxpayer identification number.
3. Fill out the appropriate sections based on the type of tax you are filing.
4. Provide any necessary supporting documentation as indicated in the form instructions.
5. Review the completed form for accuracy and completeness.
6. Sign and date the form in the required section.
7. Submit the form to the IRS as directed, either by mail or electronically.

Who needs Form 637?

1. Individuals or entities that need to claim certain tax credits or deductions associated with specific activities.
2. Persons applying for certain tax benefits related to income, self-employment, or business expenses.

People Also Ask about

Who pays federal excise tax on tires?

Businesses are typically responsible for paying excise taxes and often pass these costs onto consumers by incorporating them into the final retail price.

Who needs to file a federal excise tax return?

Excise taxes are independent of income taxes. Often, the retailer, manufacturer or importer must pay the excise tax to the IRS and file the Form 720. Some excise taxes are collected by a third party. The third party then sends the tax to the IRS and files the Form 720.

Who is exempt from federal excise tax on tires?

Excise taxes are imposed on tires used on highway vehicles, but exemptions exist for specific situations. For instance, tires sold for use on qualifying intercity or local buses may be exempt. Additionally, sales for further manufacture or export are typically exempt from this tax.

What is the IRS form 637 used for?

Use this form to apply for excise tax registration for activities under sections 4101, 4222, 4662, and 4682.

Does everyone pay excise tax?

Who Pays Excise Taxes? Although excise taxes are levied on specific goods and services, the businesses selling these products are usually the ones responsible for paying them. However, businesses often pass the excise tax onto the consumer by adding it to the product's final price.

What vehicles are exempt from excise tax?

Automobile truck bodies and chassis with a gross vehicle weight of 33,000 lb. or less, truck trailer and semi-trailer bodies and chassis for use with a trailer or semi-trailer having a gross vehicle weight of 26,000 lb. or less, and tractors mainly used for highway transportation with a trailer or semi-trailer having a

How to avoid federal excise tax?

This is done by filing an exemption certificate with the order. (The Exemption Certificate, STD. 802, is available from Department of General Services, Office of Procurement, Material Services Section.)

How do I know if I need to pay federal excise tax?

Federal excise tax is usually imposed on the sale of things like fuel, airline tickets, heavy trucks and highway tractors, indoor tanning, tires, tobacco and other goods and services.

For pdfFiller’s FAQs

What is Form 637?

Form 637 is a federal form used by the IRS for businesses that are involved in certain tax activities, primarily for claiming the use of fuel exempt from excise tax.

Who is required to file Form 637?

Businesses that produce, import, or distribute certain types of fuel that are exempt from federal excise tax are required to file Form 637.

How to fill out Form 637?

To fill out Form 637, you need to provide your business information, including your Employer Identification Number (EIN), details about your fuel activities, and other specific information required by the form.

What is the purpose of Form 637?

The purpose of Form 637 is to allow businesses to establish their eligibility to claim exemptions from federal excise taxes on fuels used in certain activities.

What information must be reported on Form 637?

Form 637 requires reporting of the business name, address, EIN, type of fuel involved, nature of business, and other relevant details that support the claim for the tax exemption.