Hello, truckers! Hitting the road with a brand-new truck and also using another truck in your fleet is an exciting moment for every trucker. These things signify growth, new opportunities, increased earning potential, conquering new routes, and more. Amidst all these developments, you should not forget the most crucial responsibility when you buy a new truck or first use a truck away from the tax season: reporting Form 2290 HVUT returns.
So, don’t wait any longer; the last date to report Form 2290 HVUT returns to the IRS for the heavy vehicles or trucks first used on September 2024 is October 31, 2024. You must miss this deadline to submit your IRS Form 2290 on a pro-rated basis, pay your tax dues and get the IRS Schedule 1 receipt. Otherwise, you will be subjected to IRS actions like penalties, late charges and interest on your pending tax dues. Apart from that, you cannot operate your heavy vehicles or trucks on public highways without a valid Schedule 1 receipt. Also, you need your Schedule 1 receipt to register your new truck, license renewals, insurance and more. Please don’t think that you have ample time to report your taxes and procrastinate the process. E-file pro-rated Form 2290 HVUT returns in TruckDues.com and get your Schedule 1 receipt directly to your email address.
