Get the free Schedule 1 (Form 8849)

This form is used by ultimate purchasers to claim a refund for the nontaxable use of gasoline, gasohol, aviation gasoline, diesel fuel, kerosene, aviation fuel, and liquefied petroleum gas (LPG).

How to fill out schedule 1 form 8849

How to fill out Schedule 1 (Form 8849)

1. Obtain a copy of Schedule 1 (Form 8849) from the IRS website or local tax office.
2. Read the instructions provided for Schedule 1 to understand the categories and requirements.
3. Complete the taxpayer information section at the top of the form, including your name, address, and taxpayer identification number.
4. Identify and select the correct section of the form based on your specific type of claim, such as credit or refund for overpaid taxes.
5. Fill in the appropriate details for each line item related to your claim, including amounts and descriptions.
6. Double-check all entries for accuracy and completeness to avoid delays in processing.
7. Sign and date the form at the bottom to certify that the information provided is true and accurate.
8. Submit Schedule 1 (Form 8849) along with any required documentation via mail or electronically, as instructed by the IRS.

Who needs Schedule 1 (Form 8849)?

1. Taxpayers who have claims for refunds or credits related to certain excise taxes.
2. Businesses or individuals who need to report claims for overpayments of excise tax.
3. Those who have paid federal excise taxes on specific activities or products and seek a refund.

People Also Ask about

How often can you file form 8849?

You may file a refund claim for each of the first 3 quarters of your income tax year if the aggregate amount of refund claimed for these 3 quarters is at least $750. For the 4th quarter of your income tax year, you must claim the credit on Form 4136.

Can I fill out tax forms electronically?

Yes, you can file an original Form 1040 series tax return electronically using any filing status.

Can you file form 8949 electronically?

E-file. If you e-file your return but choose not to report each transaction on a separate row on the electronic return, you must attach Form 8949 to Form 8453 (or the appropriate form in the Form 8453 series) and mail the forms to the IRS. (However, you can't attach a paper Form 8949 to Form 8453-FE.)

What is a Schedule 1 form 8849?

Schedule 1 (Form 8849), Nontaxable Use of Fuels An ultimate purchaser of gasoline, gasohol, aviation gasoline, diesel fuel, kerosene, aviation fuel (other than gasoline), and liquefied gas (LPG) uses Schedule 1 to make a claim for refund.

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.

How do I file a federal excise tax return?

Filing excise tax returns To report your excise tax liability, you must: Complete Form 720, Quarterly Federal Excise Tax Return. File Form 720 electronically for immediate acknowledgement of receipt and faster service with an IRS-approved software provider.

Can you file form 8849 online?

At this point, the only Excise forms available for electronic filing are Form 2290, Heavy Highway Vehicle Use Tax; Form 720, Quarterly Federal Excise Tax; and Form 8849, Claim for Refund of Excise Taxes (Schedules 1, 2, 3, 5, 6 and 8).

What is a Schedule 2 form 8849?

Schedule 2 (Form 8849) is typically filed by taxpayers who are eligible for specific fuel-related credits or refunds. The following entities are generally eligible to file Schedule 2: Registered ultimate vendors (retailers) of diesel fuel, kerosene, gasoline, aviation gasoline, or alternative fuels.

For pdfFiller’s FAQs

What is Schedule 1 (Form 8849)?

Schedule 1 (Form 8849) is a document used by taxpayers to claim a refund or credit for certain excise taxes, such as fuel taxes.

Who is required to file Schedule 1 (Form 8849)?

Taxpayers who have paid excise taxes, specifically those related to the sale or use of fuel, and who seek a refund of those taxes are required to file Schedule 1 (Form 8849).

How to fill out Schedule 1 (Form 8849)?

To fill out Schedule 1 (Form 8849), taxpayers need to provide their identifying information, the amount of excise tax they are claiming a refund for, and any supporting details required for processing the refund.

What is the purpose of Schedule 1 (Form 8849)?

The purpose of Schedule 1 (Form 8849) is to facilitate the process of claiming refunds for overpaid excise taxes from the IRS.

What information must be reported on Schedule 1 (Form 8849)?

The information that must be reported on Schedule 1 (Form 8849) includes the taxpayer's name, address, the type and amount of excise tax being claimed for refund, and any additional information specified by the IRS.