Form 6627 can be filed online through any IRS-authorized portal. Choosing the right platform for your filing is essential. With Simple 720, you’re making a smart choice.
Our portal streamlines the process by combining the required fields for Form 720 and Form 6627 into a single, user-friendly interface—ensuring a faster and more efficient filing experience.
Let’s walk through the step-by-step process of filing Form 6627 – Environmental Excise Taxes using the Simple 720 portal.
STEP 1 - Create an Account:
If you’re a new user, sign up for a free Simple720 account. Existing users can log in with their credentials.
STEP 2 - Provide Business Details:
For new users, the next step is to enter your business details. Click on “Add New Filings” and click on “Add New Business” and complete the required fields, including:
Business Name
Employer Identification Number (EIN)
Business Type (select from the drop-down options)
Business Contact Information
If you’re an existing user, simply select the stored business name from the database.
STEP 3 - Choose Form Type:
Select “Form 720 (Quarterly Federal Excise Tax)” as the form type. Accurately provide the tax year and quarter you are filing for, then click “Proceed.”
STEP 4 – Select Category and Sub Category of Form 720:
On the left-side panel under “Form 720,” select the appropriate category for your Form 720 filing by choosing the correct IRS Number under the “Environmental Tax” section. Once selected, our portal will prompt you to enter the required details based on the tax type.
Domestic Petroleum Oil Spill Tax – IRS No. 18 and Domestic Petroleum Superfund Tax – IRS No. 53
Enter the Tax Date and select the Tax Type.
If the tax type is Taxable Crude Oil, provide:
Crude oil received at a U.S. refinery
Crude oil taxed before receipt at the refinery
If the tax type is User or Imported Crude Oil, provide:
Crude oil used in the U.S. before the tax was imposed
Imported Petroleum Products Oil Spill Tax – IRS No. 21
Enter the Tax Date
Enter the Quantity of Barrels Imported
Ozone-Depleting Chemicals (ODCs) – IRS No. 98
Enter the Tax Date
Select the ODC Name from the dropdown
Enter the Quantity in Pounds
ODC – Tax on Imported Products – IRS No. 19
We offer three methods to calculate your tax. Choose your preferred method and fill in the corresponding fields:
Exact Method
Table Method
Value Method
Chemicals (Other Than ODCs) – IRS No. 54
Enter the Tax Date
Enter the Chemical Name
Enter the Quantity in Tons
Imported Chemical Substances – IRS No. 17
Enter the Tax Date
Enter the Chemical Name
Based on the selected type, appropriate input fields will appear. Choose one of the following:
Entry Value
Conversion Factor
Imported Petroleum Products Superfund Tax – IRS No. 16
Enter the Tax Date
Enter the Barrels Imported
Additional Category – To Be Selected Under "Part 2" Section in the Left Panel
Floor Stocks Tax – IRS No. 20
Select the Type of ODC from the dropdown
Enter the Quantity in Pounds
STEP 5 – Tax amount calculation:
Once all the required inputs are provided, our portal will automatically calculate the tax amount and display it for your review. Simply verify the details and click “Proceed with Payment” to continue. We charge a minimal processing fee.
STEP 6 - Choose a Payment Method:
Choose one of the IRS payment methods available under our portal:
Electronic Funds Withdrawal (Direct Debit)
EFTPS - Electronic Federal Tax Payment System
STEP 7 - Complete Your Filing:
Once the payment is successfully completed, your Form 6627, along with Form 720, will be submitted within minutes—ensuring a fast and seamless filing experience.
By following the above steps accurately, you can complete your Form 6627 filing within just a few minutes—saving valuable time compared to the manual process of filling out Form 720 and Form 6627 separately.
WRAP:
Filing Form 6627 doesn’t have to be time-consuming or complicated. With the Simple 720 portal, you can streamline the entire process and avoid manual paperwork.
Our easy-to-use interface ensures quick, accurate, and IRS-compliant submissions. Choose Simple 720 and file smarter, not harder.