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.
So, on that basis, the Pro-rated HVUT Form 2290 must be filed before Dec 31st, 2018 for vehicles that are into service since November 2018. However, this pro-rated filings are only applicable for new vehicles but not on renewals of the existing vehicles which are partially used on the road.
Instead you can report them as Suspended/Exempt vehicles and pay no tax due to the IRS upon the truck failing to surpass the desired mileage limit of exemption i.e. 5000 miles for commercial based vehicles & 7500 miles for Agricultural based vehicles .
Every year, the IRS initiates a scheduled Annual Maintenance period during the Christmas Eve and this downtime will prevail until the 1st week of January. During this Maintenance period, the IRS online e-file servers will not be able to process any e-filed application. Hence all tax returns e-filed during this Maintenance period will be placed on hold until the maintenance period is ceased and will be processed by the IRS during the first week of January 2018.
Hence, E-file your pro-rated HVUT Form 2290 before the Scheduled Annual Maintenance period to avoid any unforeseen delays on the acceptance of your tax return. E-File your HVUT Form 2290 via www.truckdues.com to receive the IRS digital watermarked copy of schedule 1 back in your registered e-mail address.
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]
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Have a Good One! See you over the next article.