Get the free Schedule 4 (Form 8849)

Schedule 4 is used by gasoline wholesale distributors to claim a refund for gasoline sold for certain nontaxable uses. The claimant must certify that the gasoline was purchased at a price that included

How to fill out schedule 4 form 8849

How to fill out Schedule 4 (Form 8849)

1. Obtain Schedule 4 (Form 8849) from the IRS website or other authorized source.
2. Fill in the taxpayer information at the top of the form, including name, address, and identification number.
3. Enter the applicable dates and types of claims for which you are requesting a refund.
4. List each item for which you are claiming a refund in the appropriate section, providing necessary details such as the quantity and amount.
5. Calculate the total amount being claimed and ensure it matches the individual entries.
6. Sign and date the form to verify that all information provided is accurate.
7. Attach any necessary supporting documentation or receipts that substantiate the claim.
8. Mail the completed Schedule 4 (Form 8849) to the address provided in the instructions.

Who needs Schedule 4 (Form 8849)?

1. Taxpayers who have made excise tax payments and are seeking a refund.
2. Corporations and individuals who have overpaid federal excise taxes.
3. Businesses that have claims related to specific fuel types and taxes.

People Also Ask about

What is the IRS Schedule 4 form?

The purpose of Schedule 4 is to report various other taxes that may not be included on the standard Form 1040. This form ensures that taxpayers fulfill their obligations regarding self-employment tax, unreported social security taxes, and additional retirement-related taxes.

Can form 8849 be filed electronically?

The general way to claim refunds of excise tax is done by Form 8849, which is reported on Form 2290. Taxpayers can follow the step-by-step process on Tax2efile's platform to e-file Form 8849, claiming refunds under various schedules.

Who must file quarterly tax returns?

If you work as an independent contractor, a sole proprietor, a member of a partnership that conducts business, or a person who otherwise runs a business as your own, you likely need to pay quarterly estimated taxes. Quarterly taxes have self-employment taxes (Social Security and Medicare) and income tax.

Who is required to pay federal excise tax?

Excise taxes are taxes imposed on certain goods, services, and activities. Taxpayers include importers, manufacturers, retailers, and consumers, and vary depending on the specific tax. Excise taxes may be imposed at the time of: Entry into the United States, or sale or use after importation.

Who is required to file a quarterly percentage tax return?

This form is typically filed by individuals or entities whose income is not subject to VAT (Value Added Tax). This includes professionals, freelancers, and small business owners with annual gross sales or receipts not exceeding the VAT threshold.

Who is exempt from federal excise tax?

ing to the IRS, government entities, including state and local governments, are exempt from this tax. To claim this exemption, the entity must provide the service provider with a certificate of exemption, certifying their eligibility.

Who needs to file a quarterly federal excise tax return?

Any entity, whether a sole proprietorship, partnership, corporation, or a limited liability company, dealing in goods or services subject to federal excise taxes must file Form 720.

Who needs to file an excise tax return?

Taxpayers include importers, manufacturers, retailers, and consumers, and vary depending on the specific tax. Excise taxes may be imposed at the time of: Entry into the United States, or sale or use after importation. Sale or use by the manufacturer.

For pdfFiller’s FAQs

What is Schedule 4 (Form 8849)?

Schedule 4 (Form 8849) is used by taxpayers to claim a refund of excise taxes on fuel that has been used for non-taxable purposes, such as in farming or for certain off-highway uses.

Who is required to file Schedule 4 (Form 8849)?

Taxpayers who have paid excise taxes on fuel and are seeking a refund due to non-taxable use, such as farmers, are required to file Schedule 4 (Form 8849).

How to fill out Schedule 4 (Form 8849)?

To fill out Schedule 4 (Form 8849), taxpayers must provide their personal information, details of the fuel used, the amount of excise tax paid, and specify the reason for the refund. Accurate calculations and appropriate documentation of fuel usage are also necessary.

What is the purpose of Schedule 4 (Form 8849)?

The purpose of Schedule 4 (Form 8849) is to enable taxpayers to claim a refund for excise taxes paid on fuel that was not used in taxable activities, thus ensuring that they are not unduly charged for fuel used in exempt scenarios.

What information must be reported on Schedule 4 (Form 8849)?

Information required on Schedule 4 (Form 8849) includes the taxpayer's identification details, type of fuel, the quantity used, the excise tax rate, the total refund amount being claimed, and the specific purpose for which the fuel was used.