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Abstract: Form 720X is used to make adjustments to correct tax liabilities on Form 720 filed for previous quarters. It can be filed by itself or it can be quarters, see Form 720X, Amended Quarterly Federal irs-irbs/irb05-02.pdf. Excise Tax Return. Do not enter adjustments on. • Notice 2005-24. Some forms and instructions also available in: United States. Internal Revenue Service. Reproducible copies of federal tax forms and instructions. See the instructions for line 6 for requirements. Attach additional sheets with your name and EIN if more space is needed. Sign. Here. Under penalties GENERAL INSTRUCTIONS. Purpose of Form—Use Form 720X to report changes, including federal audit changes, to Form 720, Kentucky Corporation Income. What Is IRS Form 720X? This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on Form 8849 & Instructions. For alcohol fuel mixtures and biodiesel Schedule 1 & Instructions Form 720X – Amended Quarterly Federal Excise Tax Return.Form 720X is used to make adjustments to correct tax liabilities on form 720 filed for previous quarters. It can be filed by itself or it can be attached to