Usual and Customary Business Records Relating to Wine, TTB REC 5120/1

Under the authority of the Internal Revenue Code (IRC) at 26 U.S.C. 5362, 5367, 5369, 5370, and 5555, the TTB regulations require wineries, taxpaid wine bottling houses, and vinegar plants to keep certain usual and customary business records. These records include purchase and sales invoices, and internal records related to their production and processing of wine, and their packaging, storage, and shipping operations. TTB routinely inspects these records to verify proper payment of Federal wine excise taxes, and to ensure that proprietors produce, package, store, ship, and transfer wine in compliance with the applicable Federal statutory and regulatory requirements.

The latest form for Usual and Customary Business Records Relating to Wine, TTB REC 5120/1 expires 2024-01-31 and can be found here.