The Truck Tax Form 2290 return and Schedule-1 are already due and up for renewal, just few days left for your due date. Filing your 2290 truck taxes at the right time is more important as it create some extra space to correct and amend your returns when you get something odd in it. For vehicles first used on a public highway during July, file Form 2290 and pay the appropriate tax between July 1 and Aug. 31.
What may go wrong in your 2290 tax return?
There are few scenarios where you may go wrong at while preparing your returns and they are…
You may miss type (typo error) your VIN (vehicle identification number) which is a 17 character, combinations of alphabets and numbers. The paid proof called the Schedule-1 copies carries your VIN# that needs to be presented when you register or renew your big rigs with state authorities.
You need to use your business name and EIN as in the forms you apply for with the IRS. You can not use your DBA or Doing Business As names
EIN number should also match your business name as in IRS record, you can not use your social security number. EIN is must and should be 2 weeks older to get your return processed, if not wait for couple of weeks till it gets reflected in the IRS database.
You need to put in the right tax year and first used month as the vehicle use tax is calculated from it.
You need to estimate your taxable gross weight of the vehicle and the estimated mileage use limit right to have that reflect in your Schedule 1 copies.
You can opt for EFTPS when you have already enrolled with them for online payments on your tax liabilities. If you don’t have one it may take couple of week to process it with the authorities.
When you opt for EFW (direct debit) option you need to put in your bank account number, routing number right for the IRS to debit it in one go.
2290 E-file is easy and secured, all your tax data are encrypted and transmitted direct to the IRs for processing. Once IRS completes processing your tax return, Schedule-1 copy is made available in your inbox with out any delay.
E-file 2290 truck tax returns at $7.99, E-file is 100% Simple, 100% Quick and 100% Safe. You know what? More than 90% of the American choose to file tax returns electronically as it is easy and fast. More than all now it is affordable at just $7.99 for a single vehicle.