About Form 6627, Environmental Taxes-2025

See details

4.2 out of 5

30 votes

The document is Form 6627, used by the Internal Revenue Service (IRS) for reporting environmental taxes related to petroleum and chemicals. It includes sections for calculating taxes on crude oil, imported petroleum products, various chemicals, ozone-depleting chemicals (ODCs), and floor stocks of ODCs. The form provides specific rates and instructions for tax calculations, which must be reported on Form 720.

Here's how it works

01. Edit your form 6627 online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out About Form 6627, Environmental Taxes with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open it in the editor.
Begin with Part I, where you will enter your Employer Identification Number (EIN) and the quarter ending date. Fill in the number of barrels for crude oil received at a U.S. refinery and calculate the taxable crude oil by subtracting any pre-taxed amounts.
Proceed to calculate the total domestic petroleum superfund tax by adding the relevant lines from Part I and ensure these totals are transferred to Form 720 as indicated.
In Part II, list chemicals and their corresponding tons and rates. Multiply to find the tax for each chemical, ensuring accuracy as these figures will also be reported on Form 720.
Continue through Parts III to VI, entering data for imported chemical substances, ozone-depleting chemicals, and floor stocks. Each section requires careful attention to detail for accurate tax reporting.

Start using our platform today for free to streamline your form completion process!

See more About Form 6627, Environmental Taxes versions

We've got more versions of the About Form 6627, Environmental Taxes form. Select the right About Form 6627, Environmental Taxes version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2024	4.2 Satisfied (30 Votes)
2023	4.4 Satisfied (55 Votes)
2022	4.6 Satisfied (23 Votes)
2022	4.8 Satisfied (67 Votes)
2021	4.3 Satisfied (68 Votes)
2016	4.3 Satisfied (50 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is Form 6627 for environmental taxes?

Form 6627 is used exclusively to report various categories of Environmental Excise Taxes and is generally filed along with IRS Form 720. In Form 720, under certain IRS numbers, you will see an instruction to attach Form 6627. For those specific categories, you must complete Form 6627 along with Form 720.

How do I get a PDF tax form?

You can download a PDF of the 1040 tax form on the IRS website. If you hire a tax preparer to help you, they might also provide the form.

What is form 7208?

This form is used to figure the excise tax on repurchases of corporate stock. Form 7208 is attached to Form 720.

What is a form 3291?

You have received Form 3291 because your employer (or transfer agent) transferred your employers stock to you pursuant to your exercise of an incentive stock option (ISO). You must recognize (report) gain or loss on your tax return for the year in which you sell or otherwise dispose of the stock.

What are the exemptions for Superfund tax?

The petroleum oil spill tax rate is $0.09 per barrel. The petroleum Superfund tax rate is $0.164 per barrel for 2023 (rate is indexed annually for inflation)

What is an environmental tax?

Are there any available exemptions for the Superfund Chemical Excise Taxes? Yes. Exemptions are available for some exported taxable chemicals and substances, as well as for chemicals/substances used in certain kinds of fertilizer, animal feed, and fuel.

What is the environmental sustainability tax?

An environmental tax, ecotax (short for ecological taxation), or green tax is a tax levied on activities which are considered to be harmful to the environment and is intended to promote environmentally friendly alternatives via economic incentives.

About Form 6627, Environmental Taxes-2025

Here's how it works

How to use or fill out About Form 6627, Environmental Taxes with our platform