{"id":3773,"date":"2022-06-08T18:52:26","date_gmt":"2022-06-08T18:52:26","guid":{"rendered":"https:\/\/fx5.com\/en-gb\/?p=3773"},"modified":"2025-08-23T08:54:49","modified_gmt":"2025-08-23T08:54:49","slug":"does-your-excise-reporting-pass-the-quality-test","status":"publish","type":"post","link":"https:\/\/fx5.com\/en-gb\/does-your-excise-reporting-pass-the-quality-test\/","title":{"rendered":"Does Your Excise Reporting Pass the Quality Test?"},"content":{"rendered":"\n

Does Your Excise Reporting Pass the Quality Test?<\/strong> <\/strong> <\/p>\n\n\n\n

Excise Tax Returns are deceptively simple if your operations are.  While most of a DSP\u2019s reporting requirements are denominated in proof gallons or wine gallons, TTB Form 5000.24sm<\/a> only asks you for dollars and cents.  The form is so simple that other industries such as Tobacco, Cigars, Beer and Wine can use it, too.  Like your other reporting requirements, you can file Excise Tax Returns via US Mail or electronically via Pay.gov. <\/p>\n\n\n\n

In a very simple scenario, where a DSP withdraws ten cases of 80pf 750ml\/6 product, you would just have to compute the excise tax due on the proof gallons therein: <\/p>\n\n\n\n

6 * 750ml = 4.5 Liters 
4.5 Liters \/ 3.785 = 1.1889 Wine Gallons @ 80pf 
1.1889 * (80\/100) = 0.951 Proof Gallons per Case 
0.951 * 10 = 9.51 Proof Gallons contained in your ten cases that you withdrew 
9.51 * $2.70 = $25.68<\/strong> <\/p>\n\n\n\n

Having done that math, you can confidently enter $25.68 on line 9 of your Excise Tax Return and pay that amount for the quarter. <\/p>\n\n\n\n

However, things get much more complicated when you have multiple finished products at different proofs, and it\u2019s not so obvious that you must also report and pay excise tax on several other types of withdrawals such as: <\/p>\n\n\n\n