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Instructions for Forms 720-TO and 720-CS (11/2007)Table of Contents Include the suite, room, or other unit number after the street address. If the post office does not deliver mail to the street address and you have a P.O. box, show the box number instead of the street address. Enter the information in the following order: city, province or state, and country. Follow the country's practice for entering the postal code. Do not abbreviate the country's name. Enter your EIN. If you do not have an EIN, use Form SS-4, Application for Employer Identification Number, to apply for one. You can get this form at Social Security Administration offices or by calling 1-800-TAX-FORM (1-800-829-3676). You can apply for an EIN online or by telephone, fax, or mail. See the Instructions for Form SS-4 for more information. If you have applied for an EIN but you do not have your EIN by the time you must file your information return, enter “Applied for” in any space where your EIN must be entered. Enter the assigned IRS number. Regulations sections 48.4101-1(c)(1)(iii)(iv)(vi) and (vii) require pipeline operators, position holders, terminal operators, and vessel operators to be registered by the IRS. If you do not have a registration number, use Form 637, Application for Registration (For Certain Excise Tax Activities). Form 637 has information on how to apply for a registration number. EINs are used to associate and verify transactions you report to the IRS. Therefore, it is important that you furnish correct names and EINs for carriers and consignors on the forms sent to the IRS. You may use Form W-9, Request for Taxpayer Identification Number and Certification, or your own form, to request an EIN from a carrier or a consignor. You may be subject to a penalty for an incorrect or missing EIN on an information return. See Penalty on page 1. You are required to maintain the confidentiality of information obtained on a Form W-9 relating to the taxpayer's identity and you may use such information only to comply with filing these information returns. Note.Foreign persons may use the appropriate Form W-8. See the Instructions for the Requester of Forms W-8BEN, W-8ECI, W-8EXP, and W-8IMY.
Terminal. A taxable fuel storage and distribution facility that is supplied by pipeline or vessel and from which liquid products, such as taxable fuel, may be removed at a rack. However, the term does not include any facility at which gasoline blendstocks are used in the manufacture of products other than finished gasoline and from which no gasoline is removed. Also, the term does not include any facility where finished gasoline, undyed diesel fuel, or undyed kerosene is stored if the facility is operated by a taxable fuel registrant and all such taxable fuel stored at the facility has been previously taxed under section 4081 upon removal from a refinery or terminal.
Approved terminal. A terminal that is operated by a taxable fuel registrant that is a terminal operator.
Position holder. For IRS Excise information reporting only, with respect to a liquid product in a terminal, the person that holds the inventory position in the liquid product as reflected on the records of the terminal operator. A person holds the inventory position in a liquid product when that person has a contractual agreement with the terminal operator for the use of storage facilities and terminaling services at a terminal with respect to the liquid product. The term also includes a terminal operator that owns a liquid product in its terminal.
Net gallons. Liquid product measured in U.S. gallons corrected to a temperature of 60° Fahrenheit or 15° Celsius and to a pressure of 14.7 pounds per square inch (psi).
Gross gallons. The total product measured in U.S. gallons without temperature or barometric adjustments.
Transport carriers (bulk). Includes pipelines, barges, or vessels delivering or removing liquid product at approved terminals.
Transport carriers (non-bulk). Includes trucks or railcars delivering or removing liquid product at approved terminals and removals from terminals (other than by truck or rail) for sale or use.
Mode of Transportation/Book Adjustment Codes. The table below lists the mode of transportation codes. See book adjustments (Code BA) below for use of code BA instead of a transportation code.
Table 1. Mode of Transportation Codes
BA-Book adjustments are product reclassifications or conversions of products at the terminal that result in a product code change. Examples include conversion of diesel fuel #2 low sulfur undyed to diesel fuel low sulfur dyed and reclassification of jet fuel to kerosene high sulfur dyed, or diesel fuel high sulfur #1 undyed. Book adjustments itemize changes, in volume, of at least one liquid product and another liquid product, with no physical movement of the product. Book adjustments must be reported in summary. For book adjustments, summary reporting means the combining of all book adjustment transactions by product code for the reporting period.
Use Form 720-TO to report receipts and disbursements of all liquid products to and from all approved terminals. 
Each terminal operator is required to file a separate Form 720-TO for each approved terminal.
Name and location of terminal. Enter the name and location of the terminal as published on the IRS website.The list of terminals can be found at www.irs.gov/excise under topic Terminal Control Number (TCN) Database.
Part III is for the terminal operator to provide a monthly summary of the terminal receipts and disbursements by product code.
Line 1. Enter the physical inventory of net gallons by product code at the beginning of the reporting period. This should be the same number as reported for actual ending inventory the previous month.
Line 2. If you have more than one Schedule A, Terminal Operator Receipts, for a product code, combine the totals from each column (f) for the product code and enter the total on
line 2.
Line 4. If you have more than one Schedule B, Terminal Operator Disbursements by Position Holder, for a product code, combine the totals from each column (e) for the product code and enter the total on line 4.
Use this schedule to report each receipt of product (bulk and non-bulk) by the terminal operator. A separate Schedule A must be used for each product code. Note.Non-bulk receipts of product code 092 or 122 can be reported in summary by month instead of reporting them as separate transactions. If you wish to summarize these transactions by month, use the optional reporting instructions for Schedule A below instead of these instructions. Enter the product code from Table 2 on page 6. Product code 122 (blending components) includes gasoline blendstocks as defined in Regulations section 48.4081-1(c)(3)(i) but not listed in the product code table.
Column (b). Enter the carrier's EIN. If the carrier is a foreign flag vessel and the EIN is unknown, enter 88-8888888.
Column (e). Enter the identifying number from the document provided by the carrier that reflects the details of the transaction. This could be the terminal receipts document, pipeline ticket number, pump order number, bill of lading, barge ticket number, inspection report, etc. Both the carrier and terminal operator must report the same document number.
Use this schedule to report each disbursement of product (bulk and non-bulk) by the terminal operator by position holder. A separate Schedule B for each position holder, separating bulk from non-bulk, must be used for each product code that is destined for more than one state or has more than one mode of transportation. Note.Bulk and non-bulk disbursements of product code 092
Position holder (PH) name. Enter the name of the entity holding the inventory position in the terminal.
Enter the destination state code from Table 3 on page 7. The destination state code is required for non-bulk (truck or rail car) disbursements only. If a fuel transport truck is receiving fuel destined for different states, the terminal operator will issue a bill of lading, manifest, or other shipping document for each state of destination. You are required to report each separate shipping document as a separate transaction. Enter the code from Table 1 on page 3.
Example. ABC Terminal is preparing Schedule B for disbursements made by position holder XYZ. XYZ disburses gasoline (PC 065), diesel fuel #2 low sulfur undyed (PC 167), and jet fuel (PC 130) during the month destined for two states. ABC must prepare six Schedules B to report XYZ's transactions (three product codes x two destination states).
Column (b). Enter the carrier's EIN. If the carrier is a foreign flag vessel and the EIN is unknown, enter 88-8888888. If the carrier is a military vehicle and you cannot obtain proper EIN, enter 77-7777777.
Column (d). Enter the identifying number from the document provided by the terminal operator to the carrier that reflects the details of the transaction. This could be a bill of lading, manifest, inspection report, or other shipping document. Both the carrier and terminal operator must report the same document number.
Optional Summary Reporting Instructions for Product Codes 092 and 122, and Disbursements Using Mode of Transportation Code “RT”Use these instructions to report in summary by month the non-bulk receipts of product codes 092 and 122 into the terminal. If you have bulk receipts for product codes 092 and 122, you must use the instructions for Schedule A above and report these transactions in detail. Use separate Schedules A for product codes 092 and 122. Do not combine product code 092 with product code 122. Use these instructions to report in summary the total disbursements (bulk and non-bulk) of product codes 092 and 122 for each position holder. Use separate Schedules B for product codes 092 and 122. Do not combine product code 092 with product code 122.
Product code. If the product is a blending component and not listed in Table 2, enter 122. If the product is not a blending component, enter 092.
Form 720-CS is required to be filed by bulk transport carriers (barges, vessels, and pipelines) who receive liquid product from an approved terminal or deliver liquid product to an approved terminal. Part II is used by the carrier to report a monthly summary of the receipts from terminals and disbursements to terminals by product code. Use only the product codes listed in Table 2 on page 6. Use this schedule to report each bulk receipt of liquid product by the carrier from a terminal. A separate Schedule A must be used for each product code.
TCN. Enter the TCN assigned to the terminal's physical location by the IRS. The list of terminals by TCN is available on the IRS website at www.irs.gov/excise.
Enter the product code from Table 2 on page 6. Product code 122 (blending components, other) includes gasoline blendstocks as defined in Regulations section 48.4081-1(c)(3)(i) but not listed in the product code table.
Column (e). Enter the identifying number from the document provided by the terminal operator to the carrier that reflects the details of the transaction. This could be a bill of lading, manifest, inspection report, or other shipping document. Both the carrier and terminal operator must report the same document number.
Use this schedule to report each bulk delivery of liquid product by the carrier to a terminal. A separate Schedule B must be used for each product code.
Column (e). Enter the identifying number from the document provided by the carrier to the terminal operator when the product is delivered to the terminal that reflects the details of the transaction. This could be the terminal receipts document, pipeline ticket number, barge ticket number, inspection report, etc. Both the carrier and terminal operator must report the same document number.
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