Tag Archives: hvut form 2290

Low Mileage Vehicle Credit or Suspended/Exempt Category? Explained!

Hello there Truckers, doesn’t this question sound familiar to you? Almost on a daily basis, we receive calls as such inquiring about How do I/where do I report my truck that is not used above the desired mileage for exemption? The common misconception that evolves amongst many HVUT e-filers is that both these terms sound similar. However in terms of Form 2290 they are different attributes.

While e-filing your HVUT Form 2290, you might have noticed the section, Suspended/Exempt vehicles this section is basically to report when the heavy vehicle is been used under the desired mileage limit for exemption (5000 miles for Commercial & Logging based Units) & (7500 miles for Agricultural based Units) In this case, you need not make any tax payments to the IRS as they are exempt but you still got to report the vehicle on this Form to legally claim an exemption.

On the other hand, The Term Low mileage vehicle credits sounds to be referring to low mileage or exempt vehicles, but in reality it’s related to Claiming a refund on the Taxes paid full in advance on a low mileage vehicle. Upon realization of the mileage recorded by the end of the tax period for which the tax payment was made full in advance, you claim a full refund back from the IRS during the renewal of the following tax year’s tax return.

Sounds confusing? Well here’s an example: John purchased a commercial utility vehicle in July 2018 and he needs to get his vehicles registered with the state authorities so does he needs to file a Form 2290 report. So he reported the vehicle on the Form 2290 (For the period beginning July 1st, 2018 through June 30th, 2019) and made an upfront tax payment to the IRS. However, due to unforeseen mechanical wear & tear unfortunately the truck was not used quite actively as he expected hence it recorded an overall mileage that is less than/below the actual mileage limit for exemption as (5000 miles)

Now, he’s got to renew his Form 2290 for the upcoming period (For the period beginning July 1st, 2019 through June 30th, 2020. During this time, he’s got a chance to claim a full refund on the tax paid for past tax year on the renewal form so evidently the tax due amount will be nullified on the renewal form. On the other hand, If John does not seem to own any trucks during the next renewal, he can simply claim a full refund (Form of cash) by filing the Form 8849 Schedule 6 ( Claim for refund of excise taxes) and wait until 21 business days to receive a refund check back in his mailing address.

Economically E-File your HVUT Form 2290 via www.truckdues.com and receive the IRS digital watermarked copy of Schedule 1 back in your e-mail instantly. Reach us back for any further assistance over the following mediums:

Phone: (347) 515-2290 [Monday through Friday, 9 A.M to 5 P.M, Central Standard Time]

E-mail: support@truckdues.com

Live chat with our tax representatives.

Have a Good One! See you over the next article.

The IRS E-File servers are back Up On-line! E-File your Pro-rated HVUT Now!

Hey there Truckers, after a fortnight waiting period the IRS e-file servers are finally back up online from Today. Hence, the IRS servers will be able to accept your e-filed tax returns and be able to issue the digital watermarked copy of schedule 1 for your vehicle registration purposes.

Now having said that, the Government shutdown still persists at the moment which will have an impact over the local IRS facilities & courthouses making most of the walk in sites to be non-operational until the shutdown ceases.

For your kind information, the IRS has a huge volume of 2290 tax return filed since the downtime hence it may take until the end of today before the IRS could accept all the tax returns that were filed during the maintenance period.  So, we kindly request you to patiently wait until the end of today before receiving the IRS digital watermarked copy of schedule 1 back in your e-mail.

The Federal law states that the Form 2290 musty be e-filed on a vehicle by the last day of the month following the month of its first use. On that basis the Pro-rated HVUT Form is now due by January 31st, 2019 for vehicles used on the road since Dec 2018. E-File soon if you haven’t filed it yet.

Truckdues.com is rated to be one of the secured & simple websites powered by Thawte & McAfee which means our website can be relied upon this fact with no second thought. All the data is encrypted so there is never a chance for a breach to any information that passes through our website.

Reach us back for any further assistance over the following mediums:

Phone: (347) 515-2290 [Monday through Friday, 9 A.M to 5 P.M, Central Standard Time]

E-mail: support@truckdues.com

Live chat with our tax representatives.

Have a Good One! See you over the next article.

E-File your Pro-rated HVUT Form 2290 before the IRS scheduled Downtime!

Truckers, may we have your kind attention please. You all know very well that the HVUT Form 2290 is generally filed every year during July through Aug. However, when it comes to the Pro-rated HVUT Form 2290 the IRS has a different deadline as per their law, the deadline to E-File a Pro-rated HVUT Form 2290 must be the last day of the month following the month of its first use. Continue reading

Your Pro-Rated Form 2290 deadline awaits in a Fortnight!

Hello there truckers, this article is to remind you all that your Pro-rated HVUT Form 2290 is due by April 30, 2018 for the period beginning March 2018 through June 2018. As you are pretty aware of the fact Form 2290 is generally due by June and its payable until the end of August. Else, federal law states that Form 2290 must be filed on a vehicle by the last day of the month following the month of its first use. Continue reading

Types of Refund Claims available with Form 8849 Schedule 6

Hey there truckers, we hope this article reaches you in high spirits. We’re sure that you know almost everything about a HVUT Form 2290. Although, we also feel that you must know about the Form 8849 Schedule 6 (Claim for Refund of Excise Taxes) to claim refunds on a vehicle that was earlier reported on a Form 2290. Continue reading

There is no option in Form 2290 to extend the Deadline like Form 1040 does!

Hey there truckers, we hope this article reaches you in high spirits. We all know that you stay ever busy on the road serving the nation’s needs on time. However, it is always been our duty to save many hardworking truckers across the nation to face any litigation with the Internal Revenue Service at least with their Heavy Vehicle Used Tax Form 2290. Continue reading

Truckdues.com wishes everyone a Happy Easter 2018 in Advance!

Easter is a time that, for many of us, has long been associated with gift-giving, chocolate-eating, and most importantly, spending time with family and friends. Since its origins, the global holiday, which celebrates the death and resurrection of Christ, has been a time of celebration, feasting, and many traditional Easter games and customs.

Here’s few tips for families to celebrate and participate in public events during Easter 2018: Continue reading

Your Pro-rated HVUT Form 2290 is due in 4 days. E-File soon!

Federal law states that HVUT Form 2290 is due on a vehicle by the last day of the month following the month of its first use. On that basis the Form 2290 is due now by March 31st, 2018 for vehicles first used since February 2018.   Continue reading

IRS Tax Payment Options available to pay HVUT Form 2290

When it comes to E-Filing your IRS Form 2290 through an authorized E-File provider such as Truckdues.com, there are 3 different payment options.  Taxpayers can pay by Electronic Funds Withdrawal, EFTPS, Check, or Money Order.  The options to pay by check or money order may be easier to understand, but the options for Electronic Funds Withdrawal and EFTPS may need an additional explanation. Continue reading

Just 10 more days left to E-File your Pro-rated HVUT Form 2290

Hello there truckers, we hope you are now reading this article with high spirits. Yet no wonder this is again a reminder on the nearest Form 2290 deadline, where March 31st, 2018 will be the due date to E-File your HVUT Form 2290 for vehicles first used since February 2018. Continue reading