Hello, truckers! This message is for the truckers and trucking taxpayers yet to report and pay Form 2290 truck taxes for the current tax season. You can still report your taxes by e-filing Form 2290 HVUT on TruckDues.com, but with penalties, of course. Since the deadline is already over by the end of August 2023, and it has been more than a month, you must report and pay Form 2290 tax returns with penalties, late charges, and interests over your tax dues to get the IRS Schedule 1 receipt. As it is one of the most important documents to have for your heavy highway vehicle or truck, you must get it at the earliest to stay in compliance with the law. Otherwise, you will run into problems with the authorities, and you cannot operate your trucks on public highways in the United States.
The IRS grants no extension to pay your 2290 tax payments.
The IRS imposes penalties, late charges, and penalties on truckers and trucking payers who fail to report Form 2290 HVUT on time. Also, the penalties are subject to increase over time. On the other hand, the IRS doesn’t give any extension to report or pay Form 2290 HVUT returns for heavy vehicles. If you still need an extension, you must write directly to the IRS, clearly stating the reason for your request. The IRS will review your request and may grant an extension of up to six months, but this extension is only for reporting taxes. You must pay your tax dues on or before the deadline (end of August) during the tax period. Now that you are paying after the deadline, you should pay with the penalties.
Learn more about Form 2290 penalties for missing the deadline.
The IRS imposes a penalty of 4.5% of the total tax dues monthly for up to five months. Additionally, taxpayers face late charges of up to 0.5% of the total tax dues every month, along with about 0.54% interest on the tax dues. If you delay paying your Form 2290 tax dues, these charges will continue to accumulate, becoming a significant burden for both you and your trucking business. Furthermore, you cannot register your vehicle, renew your licenses or insurance, or perform any formalities with departments like DMV or DOT without a valid Schedule 1 receipt. If you choose to defy the IRS regulations and continue to operate your truck without a proper Schedule 1 receipt, it will cause severe actions from the authorities. It might lead to the suspension of your license.
E-file Form 2290 on TruckDues.com and get your Schedule 1 receipt today!
Act fast and act now! It’s better to be late than never. E-file Form 2290 HVUT on TruckDues.com right now to reduce your penalties and get the immediate IRS digitally watermarked Schedule 1 receipt. Thus, you can smoothly operate your trucking business on public highways without running into any trouble. For all your Form 2290 e-filing queries, contact our customer service desk at 347-515-2290. They are available to assist you on all working days from 8 AM to 6 PM EST. Alternatively, you can email your queries to support@truckdues.com, and we will respond as promptly as possible.