Very simple. You put this inline fuel filter in it and plumb the return line to the 1/4" nipple. That nipple has a metered orifice that only allows enough return so as not to drop fuel pressure too low.
One more stupid question. Lol with the return line. Once I get it back to the tank at the top inlet can I put a T in it right there and run my vent like I posted before? So the return and vent would be in the same line or would that cause problems?