Instructions for TTB Form 5120.36I Wine Bond

This document contains official instructions for TTB Form 5120.36I , Wine Bond - a form released and collected by the U.S. Department of the Treasury - Alcohol and Tobacco Tax and Trade Bureau.

FAQ

Q: What is TTB Form 5120.36I?A: TTB Form 5120.36I is a form used to apply for a wine bond.

Q: What is a wine bond?A: A wine bond is a financial guarantee required by the Alcohol and Tobacco Tax and Trade Bureau (TTB) for businesses involved in the production, distribution, or importation of wine.

Q: Who needs to file TTB Form 5120.36I?A: Any business involved in the production, distribution, or importation of wine is required to file TTB Form 5120.36I.

Q: What information is required on TTB Form 5120.36I?A: The form requires information such as the business name, address, contact information, and details about the bond coverage.

Q: Are there any fees associated with filing TTB Form 5120.36I?A: Yes, there may be fees associated with filing the form. The specific fees will depend on the size of the bond being requested.

Q: How often do I need to file TTB Form 5120.36I?A: You will need to file the form initially when applying for a wine bond, and then renew the bond annually by filing a new form.

Q: What happens if I fail to file TTB Form 5120.36I?A: Failure to file the form or maintain a wine bond can result in penalties or the suspension of your business's operations.

Q: How long does it take for TTB Form 5120.36I to be processed?A: The processing time for the form can vary, but it typically takes several weeks for the TTB to review and approve the application.