The vaccine tax is applicable on any taxable vaccine sold by the manufacturer, producer, or importer. In general, the vaccine tax is imposed on the sale of a vaccine manufactured, produced, or entered into the United States at $0.75 per dose. The exemption provided by section 4221(a)(2) applies after August 10 1993, to the tax imposed on vaccines only if -
The vaccine is sold by the manufacturer after August 10, 1993
In the case the vaccine sold to or sold for resale to, the United States or any of its agencies or instrumentalities
This type of manufacturer’s excise tax is not applicable on all vaccines. So, which vaccines are subject to manufacturer’s excise tax? The types of vaccines on which the vaccine tax is applicable is determined if the dose -
Contains Diphtheria toxoid, tetanus toxoid, pertussis bacteria, extracted or partial cell bacteria, specific pertussis antigens or polio virus
Is against measles, mumps, rubella, hepatitis A, hepatitis B, chicken pox, rotavirus gastroenteritis, or papillomavirus
Is any HIB (haemophilus influenzae type B) vaccine
Is any meningococcal vaccine
Is any conjugate vaccine against streptococcus pneumonia
Any trivalent vaccine against seasonal influenza or any other vaccine against seasonal influenza
The effective date for the tax on any other vaccine against seasonal influenza is the later of August 1, 2013, or the date the Secretary of the Department of Health and Human Services lists a vaccine against seasonal influenza for the purposes of compensation for any vaccine-related injury or death through the Vaccine Injury Compensation Trust Fund.
It is to be noted that if any taxable vaccine is combined with one or more additional taxable vaccines, then the tax is imposed on each vaccine included in the combination. For instance, the MMR vaccine is a combination of measles, mumps, and rubella. Hence, the tax per dose of MMR amounts to $2.25 (3*0.75). So, for a combination of vaccines, you should enter the total tax on the line for IRS No: 97.
A listed vaccine is subject to tax as per the details in the table below:
Wrapping up
The Manufacturer’s Excise Tax applies to specific vaccines and is essential for maintaining compliance with tax regulations. Understanding which vaccines are subject to this tax helps ensure accurate reporting and filing. Staying informed about these regulations can prevent errors and streamline the tax process.
At Simple 720, we guide you through all stages of tax filing. You can file your taxes accurately and on time through our tax filing portal.