Category Archives: Form 2290 Amendment

Pro-rated 2290 is due for vehicles first used in August 2021.

2290 Tax is Due Now for Tax Year 2020 | by TruckDues.com | truckdues | Medium

Greetings, HVUT filers! For the period of July 1, 2021 through June 30, 2022, the HVUT Form 2290 is due for renewal for trucks initially used in August 2021. Most of the truckers have already completed an e-renewal of their HVUT Form 2290 for the current period. So join the e-filer team before it becomes too late and get your IRS digital watermarked copy of Schedule 1 as soon as possible.

The renewal HVUT Form 2290 is due by June 30th and is payable until August 31st. Heavy vehicles having a minimum gross weight of 55000 lbs that are utilized on public roadways for commercial, agricultural, or logging reasons must file Form 2290. When filing a Form 2290 to report your truck, there are two key considerations to keep in mind. It is calculated using the vehicle’s entire gross weight and the number of miles traveled. The taxes are calculated based on the vehicle’s taxable gross weight, which starts at 55000 pounds and rises to above 75000 pounds. Continue reading

Is the mileage limit on your suspended vehicle being exceeded? learn how to file an amendment and when to do so.

What is AMENDMENT? What does AMENDMENT mean? AMENDMENT meaning, definition  & explanation - YouTube

Hey there Truckers, Hope you’ve all file your 2290’s on time and done with it . Some customers have brought up questions relating to categorizing your trucks. Some might have filed a 2290 under suspended or exempt from taxes in doubt thinking that your vehicle would not go more than 55,000 miles in a tax year but when you realized it’s going to do more than 5,000 miles and thinking what to do? well In this article we are going to discuss what you need to do when your truck exceeds the exemption limits. Wanted to know more briefly, here it is… Generally, Form 2290 is a Federal Tax Paid to the Internal Revenue Service (U.S. Department of Treasury) which is annually due.

The IRS has drafted guidelines to differentiate the vehicle category by the total gross weight and the number of miles for which the desired vehicle is used over the public highway within a respective tax period. Federal law states, For a vehicle that needs to be reported over a Form 2290 it must possess a minimum taxable gross weight of 55000 lbs (Weight of the Tractor + Weight of the Loaded trailer) and when this subjected vehicle is used OVER 5000 (For commercial based units) & 7500 miles for (for Agricultural Units) miles within a tax period, it is called a Taxable vehicle & when the vehicle is used UNDER 5000 miles (For Commercial based units) and 7500 miles (for Agricultural Units) its declared to be exempt from paying HVUT regardless of the taxable gross weight reported. such vehicles are also known as “Suspended Vehicles” in 2290 terms.

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Pro Rated or Partial Period Form 2290 Tax Reporting on Heavy Vehicles

The Federal Heavy Highway Vehicle Use Tax returns on a Pro Rated basis or for the Partial Period Tax is now due on the heavy motor vehicles that is first used in August 2021. The 2290 taxes are calculated for the remaining months from the first used month instead of the 12 months tax period July 2021 through June 2022.

File Form 2290 for any taxable vehicles first used on a public highway after July 2021 has to be reported and paid by the last day of the month following the month of first use. For heavy motor trucks that is used in the month of August 2021 for the first time since the start of the tax year will be having the deadline on September 30, 2021. This is referred as Pro Rated 2290 Taxes. 

Truck  Tax Form 2290 eFile

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2290 Electronic Filing is three time faster at TruckDues

The Federal Vehicle Use Tax Form 2290 has to be reported and paid to the IRS on heavy highway vehicles that is used on public highways. This is a yearly taxes and has to be paid in full for the tax year between July and August for the vehicles first used in July. The tax year for 2290 started this July 2020 through June 2021, the 2290 taxes are estimated using the vehicle taxable Gross Weight, Mileage Use and the First Used Month.

Pro Rated or Partial Period 2290 Taxes has to be reported and paid for the vehicles that is put to use after July 2021. If you have used your vehicle for the first time in April 2021 then you have until May 31 to report and pay the Partial Period or Pro Rated 2290 Taxes with the IRS. TruckDues brings you the fastest way of reporting 2290 taxes, 100% accurate math and 100% Satisfaction.

TruckDues.com Support Desk

Electronic filing is three times faster here at TruckDues. Once a 2290 tax return is submitted you have an update in 10 to 15 minutes.

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Just four days remain before the April 30th deadline for submitting Form 2290 for vehicles first used since March 2021. E-file Now!

Good day, truckers! We’ve got an important update for you. For any new vehicles first used on a public highway in March, the Heavy Highway vehicle used tax return is due on a pro-rated basis for the period July 1, 2020, to June 30, 2021, and is due on April 30, 2021.

E-filing allows for a quicker approval of the tax return. It’s best to E-File your HVUT Form 2290 as soon as possible to prevent a last-minute panic that might result in your vehicle registration being revoked. Many last-minute 2290 e-filers have been advised that they will be unable to earn income so failure to file this form prevents you from using your vehicle on the road to support the needs of the people.

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How to Get a Free EIN (Employer Identification Number)

Ask the Tax Expert: Do I Need an EIN? | MileIQ

Hello there dear truckers, last week’s blog was emphasized the different types of rejections. The most important of them all was the EIN rejection or name control rejection the combination of the EIN and the name of the taxpayer is revised into a unique identifier for each taxpayer. And, you stand responsible to provide the correct EIN while filing or your return would be rejected if the same doesn’t match.

If you don’t remember your EIN while filing your return or you have accidentally misplaced it, reach IRS at 1-866-699-4096 and they would look into it for you.

While majority of truckers have a registered EIN or tax ID many still seem to file using their social security number. Well is it not something that can be used ?  We wouldn’t say no but an SSN can be used only while paper filing at the IRS office directly or manually by mailing the documents to the IRS office. Since the IRS offices are closed due to covid-19 paper filing is out of the option and hence one would not be able to use it in filing a 2290 return electronically. So what do you do in this case?

Today, we are going to tell you how to apply for an EIN.

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The HVUT Form 2290 partial period tax is now due for vehicles first used since January 2021

Hello there truckers, Hope you had a wonderful valentines week amidst your loved ones. The love towards our close ones drives us every day doesn’t it? While that being said your love and passion for trucking drives the nation. The Pro-rated HVUT Form 2290 is now due by March 1 2021 for vehicles first used since January 2021. This Pro-rated deadline is drafted based on the Federal law that indicates Form 2290 must be filed by the last day of the month following the month of its first use.

If you had purchased/re-purchased any new trucks during January 2021, then you got 60 days before you could file this Form 2290, you generally file this tax form to get your vehicle plates, tags, licenses renewed.

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Is your vehicle tax exempted? Here is how you claim it on Form 2290

Truckers, over this article we are going to discuss on how to go about claiming a tax exemption on your vehicle if you realized that you have not driven it over the desired mileage limit. It is said by the Internal Revenue Service that the mileage limit for exemption remains to be 5000 miles or more for commercial based units and 7500 miles for Farming & Logging based units.

The Heavy Highway Vehicle Used Tax Return HVUT Form 2290 is an annual tax paid to the Internal Revenue Service on vehicles that grosses over 55000 lbs or more and if the same vehicle is been used for its desired purpose. Form 2290 is basically due by June and it’s payable until the end of August.

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Amendment or VIN correction? Here’s what you need to know

Hello there truckers, over this article we are going to discuss on how to go about reporting an increase in the Gross weight of your truck. We on daily basis receive calls from our clients required to file an amended 2290. Often customers confuse between VIN correction and amendments. If you have done a mistake on the VIN numbers you have to do a VIN correction, If you have to correct the mistake occurred on their taxable gross weight of the vehicle that’s when you do an amendment. Now refers to this article to get a clear picture on this scenario.

Basically the Form 2290 is known to be the Heavy Highway vehicle used tax return which is filed on vehicles which possess a minimum gross weight of 55000 lbs or more and if the same truck is been used over the public highway for commercial purposes.

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The IRS has begun accepting tax payments using Credit/Debit cards for the HVUT form 2290, E-file now!

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Hello, there dear truckers! Hope you’re doing good. It’s once again time for some updates with form 2290 filings, about a year ago the IRS stopped accepting credit/debit card payments to pay the taxes, and now it’s back. Recently the IRS began accepting tax payments using Credit/Debit cards and it’s one of the most misunderstood modes of payment. HVUT payers are prone to misconception based on their assumption that paying the IRS tax payment using a credit/debit card is an automated process but in reality, it’s not.

The IRS basically gives four different option to pay your taxes:

1. EFW (Electronic Funds Withdrawal)

2. EFTPS (Electronic Federal tax payment system)

3. CREDIT/ Debit card payment

4. Mailing a check to the IRS

Out of these four if you choose to pay using credit/debit card option you need to log into the IRS payments portal https://www.irs.gov/payments/pay-taxes-by-credit-or-debit-card this portal is dedicated for credit or debit card payments.

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