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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Safe filing is E-filing!

Dear HVUT filers, As we have learned to live along with the pandemic Virus on the loose we also have good news around different parts of the world regarding a vaccine for a cure. Hope it brings a breakthrough and saves lives. Till then be safe and sanitized. As you know the HVUT Form 2290 is now due for a for the vehicles bought or used since December 2020 Period beginning July 1, 2020 through June 30, 2021, thousands of truckers have e-filed their HVUT Form 2290 for the current period already and what about you ?

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Finally, the IRS is up and running!

Hey there truckers! Hope you’re all covered up with your taxes and had a stress free new year. There’s always a deadline coming up every month and as you know it’s time to report your vehicles bought in the month of December 2020 before January 31, 2021. Though most of you prefer to file your tax returns electronically we do get contacted for the manual filing process. Due to the pandemic, the IRS offices are closed and the only option would be is to file your taxes electronically. E-filing make your filing experience easier and faster when compared to manual filing.

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New Year and The Heavy Vehicle Use Tax Form 2290 Partial Period Tax Is Now Due

TruckDues.com wishing everyone a Great Year 2021. The year 2020 was a challenging year for every businesses across America. Even the trucking industry — arguably the backbone of the country’s economy — has been hard hit by the coronavirus. Let us all welcome 2021 with new hope and new opportunities to strengthen our business goals. At TruckDues.com we really try to make you as comfortable as you can be! when you e-file your 2290 taxes online. We value the trust you place in us and our team for your 2290 Tax Electronic Filing. We understand the importance of your business and we’re working persistently in effort to minimize disruptions associated with COVID-19.

The heavy vehicle operators who has put in their new vehicles on road in December 2020 has to report the partial period 2290 Truck Taxes with the IRS in this month January 2021. Choose electronic filing for easy and fast filing, at TruckDues.com it is economic and as low as $7.99 for single vehicle filers. Let this year 2021 be the transition year from paper returns to electronic tax returns, we at TruckDues.com can be instrumental in achieving this transition. Tax preparation fee and affordability is not a big issue when you have TruckDues, the most economic website in the market.

2290 Tax eFile for 2021
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IRS Year End Scheduled Downtime for Maintenance this December 2020

The IRS would go down for a routine year end maintenance schedule to upgrade the system for the new tax year. The impact would be on all the tax returns filed after December 26, 2020. IRS will not be available until 1st week of January 2021 to issue the acknowledgment proof. This would impact the Federal Vehicle Use Taxpayer reporting their heavy highway vehicle since July 2020. For vehicles operated for the first time in November 2020 will be due by December 31, 2020. We advised all the 2290 taxpayers to report it by the Christmas week to receive back the IRS watermarked Schedule 1 receipt. If you miss then you would not be able to receive a copy until 1st week of January.

The IRS E-file Servers will be shut down for Year-End Maintenance every year by Christmas to prepare their systems for the upcoming Tax Year’s Filing, e-file Form 2290 before IRS shutdown to receive stamped sch.1 copy within minutes else you need to wait till 1st week of January until IRS opens to start processing tax returns. 
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Holiday fever is on its way!

IRS Scheduled Maintenance Downtime is Up Ahead. E-File your Pro-rated Form 2290 soon!

Hey there dear truckers! Hope you are safe and sound. Christmas celebrations are not to be missed as it brings comfort to the sour life amidst the covid-19 pandemic. It’s time to trim the trees, wrap the gifts, and bake the cookies, As we eagerly await the arrival of Christmas!

Beyond the presents and the presence of family and friends that accompany us during Christmas and New Year’s eve; It is helpful to remember to take some time to be thankful, to literally be present amongst the people who matter most in our lives, and to find some time for solitude to gather the inner strength that will carry us onwards and upwards in the new year.

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Year-end IRS shut down begins on Dec 26th, E-file now!

Hello there truckers, Christmas is around the block and not to mention a fresh year ahead. It’s been a wild ride so far and thank god for the year 2020 is almost over, yes the pandemic has made us run for our lives. The emptiest year has ended and a fresh start is up ahead with the news of covid-19 vaccines in mass production, hope the next year would be a better and promising one. Let’s talk about our taxes now, The Internal Revenue Service online servers usually go off-line every year during Christmas Eve to upgrade their servers to generate updated forms and support tax returns for the upcoming tax period.

The IRS usually schedule their annual maintenance period beginning December 26th, and we expect the IRS to officially recommence full operations during the 1st week of January and it should be the same this year. Now during this maintenance period, the IRS servers completely turn out to be idle hence, No tax returns that are e-filed will be processed by the IRS until the maintenance period is ceased.

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Stay stress free and enjoy your holidays! We’re here for your HVUT taxes

Wow, a year has just gone down in a flash didn’t it? it has been a rough year but we all had a whole year with our family together as one and faced the pandemic with caution. Let the countdown begin as the year 2020 comes to an end and so does the pro-rated filing for your trucks.

The Prorated tax concept is basically calculated from the month of the vehicle’s first use. That being said the payment date would be your next question. Well, as per the IRS the “Prorated taxes are to be paid by the last date of the month following the month in which it was first used”. So the taxes for the vehicles bought by November is NOW due and the deadline to pay with no penalties would be 31st Dec 2020.

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