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Truck Excise Tax as per IRS Regulations

  • IRS Publication 510 on Excise Taxes says that the Federal Excise Tax (FET) is imposed on the "first retail sale” - the initial sale or use of the truck.
  • As per the Internal Revenue Code Section 4051, a 12% of the sale price is imposed as Federal Excise Tax on Heavy Trucks, Trailers and Tractors.
  • Truck Chassis and bodies with a gross vehicle weight more than 33,000 pounds are subject to Truck Excise Tax.

Why Simple720?

No Software Download

With Simple 720, there's no need to download any software or applications. You can easily access our platform online and get started by creating a free account. Our step-by-step guidance ensures a smooth and fast eFiling experience, making the process simpler and more efficient for you.

IRS Authorized Provider

As an IRS-Authorized 720 efile provider, we offer a hassle-free filing experience with user-friendly navigation, making it easy even for newcomers. Your data security is our priority, and using our authorized portal ensures your information is protected.

Affordable Solution

We recognize the financial challenges many face, and we're committed to offering an affordable online filing experience. Our eFiling service for Form 720 is competitively priced, ensuring that you can file within your budget while enjoying the convenience and efficiency of our online portal.

Why Truck Excise Tax Filing Online
Instead of Paper Filing?

Advantage of Tanning Tax Filing Online
Efficiency and Time-Saving Benefits
Accuracy and Error Reduction
Convenience and Accessibility
Enhanced Security Measures
 
Drawbacks of Paper Filing
Loss in Transit
Compliance Risks
Time-consuming process
Increased risk of errors
Delayed processing

Just 3 Steps to file your Truck Excise Tax Online!

STEP 1

Business Information

  • Give primary specifics about your business like the name and address, phone number, and Tax ID.
STEP 2

Tax Information

  • Provide details about your new truck, taxable sales and other related to your Business for a perfect Truck Excise Tax Reporting.
STEP 3

Payment Information

  • Fill up the payment form with your payment mode of choice and confirm the amount of the fee for the Tan Tax.

What Our Customers Say?

The Best IRS Approved eFile Provider for Filing Your Truck Excise Tax!

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