Electronic filing of Form 720 is not explicitly required. The information provided indicates that Form 720 can be filed either on paper or electronically. Specifically, it states that "the returns are due the last day of the month following the month in which the transaction occurs" and that "these returns can be filed on paper or electronically." Additionally, it mentions that Form 720 can be electronically filed through any electronic return originator (ERO), transmitter, and/or intermediate service provider (ISP) participating in the IRS e-file program for excise taxes. However, there is no mandate that requires electronic filing for Form 720.
Sources:
Instructions for Form 720 (12/2023)
Instructions for Form 8975 and Schedule A (Form 8975) (12/2020)
Instructions for Form 5227 (2023)
Publication 510 (3/2023)
Instructions for Form 4720 (2023)
Instructions for Form 8038-CP and Schedule A (Form 8038-CP) (12/2023)
Instructions for Form 5330 (12/2023)