Get the free Schedule 4 (Form 8849)

This form is used by gasoline wholesale distributors to claim a refund for gasoline sold for certain nontaxable uses. Claims must be filed within specified time limits and require information on the

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 your local IRS office.
2. Fill out your name, address, and taxpayer identification number (TIN) at the top of the form.
3. Complete the 'Refund of Excise Taxes' section by providing details about the taxes you are claiming a refund for.
4. Enter the appropriate codes for the types of fuels and other products in the designated areas.
5. Add up the total amount of refund being requested in the 'Total Refund' section.
6. Sign and date the form to certify the information provided is true and accurate.
7. Submit the completed Schedule 4 (Form 8849) to the address indicated in the form instructions.

Who needs Schedule 4 (Form 8849)?

1. Taxpayers who have paid excise taxes on fuel or other products and are seeking refunds.
2. Businesses that are eligible to claim refunds for fuel excise taxes under certain circumstances.
3. Individuals or entities involved in specific activities that may qualify for a refund of excise 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 a form used to claim a refund of excise taxes related to certain fuels under the Internal Revenue Service (IRS) regulations.

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

Any individual or business that has paid excise taxes on fuel and is eligible for a refund, typically including those who use the fuel for nontaxable purposes, must file Schedule 4 (Form 8849).

How to fill out Schedule 4 (Form 8849)?

To fill out Schedule 4 (Form 8849), you need to provide information including the type of fuel, the total gallons, the applicable tax rates, and the calculation of the refund request. Specific instructions and sections must be followed as indicated on the form.

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

The purpose of Schedule 4 (Form 8849) is to formally request a refund for overpaid excise taxes on fuel, ensuring that eligible taxpayers can recover taxes paid on fuels they used for nontaxable purposes.

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

The information that must be reported on Schedule 4 (Form 8849) includes the type of fuel, the number of gallons, the rate of excise tax, total tax paid, and the refund amount being claimed.