Hello there dear truckers, Hope you’re all fine. It’s time to brush up some basics and this is something that’s really important that needs to be taken into consideration before filing a Form 2290, we have been facing questions relating to rejection that occurs during filing your form 2290. Well, there are three different factors that play a major role in getting your form rejected. These rejections are mostly dues to small errors and can be rectified right away. Let’s see the factors in detail for a better and accurate filing of your taxes.
RTN rejection (Routing Transit number entered wrong).
EIN rejection (Due to New EIN ORDue to Mismatch in the name and address registered to the EIN)
Yeah, it’s Thanksgiving, The Much awaited day probably the best weekend of the year. It’s the time to share and care with our beloved ones and be grateful for what we have and appreciate what life has given to us. Prayers to gifts, from hosting a humble dinner to spending time with your family it all happens on this day. A day at peace long away from hectic regular work and relaxation is all that we need and what else could we expect on this day. Freshly pluck flowers and fresh-baked cookies not to mention the pumpkin pie and the specially made turkey.
It’s time to sit around the table and share love and happiness as this year had been so lonely as we faced a pandemic and keeping people apart. If not meeting your loved once you can always call them over a video call and share the happiness of life to be gifted and safe during the pandemic.
At this thanksgiving we are happy to share our time to thank our Truck Drivers who takes our nation’s needs forward by leaving their family behind during the pandemic to meet the nation’s needs. On this Thanksgiving as a way to exhibit our Gratitude, let’s say Thanks to a Truck Driver for their service. At TruckDues.com we wish our Truckers of America and everyone a Happy Thanksgiving!
At this time we would also like to remind our dear Truckers about the upcoming HVUT tax deadline by November 30, 2020, for vehicles first used since October 2020. to be filed by the last day of the month following the month of its first use. Reach our tax experts at (347) 515-2290 for your Filing needs and also you may drop us an email at support@truckdues.com as we are happy to assist you relating to your Form 2290. Leave the filing to us and you have a wonderful Thanksgiving weekend.
Hey truckers it’s once again time for a few pointers and transfer of knowledge about your HVUT Form 2290 filings. The filing season was a hectic one, wasn’t it? Since you are done with filing the returns hope you checked your schedule-1 copies for any mistakes. Any mismatch in the information would end up as a void filing. The recent question which we faced was about “2290 AMENDMENTS”. In this blog, we are going to see when to file an amendment and how to and when not to.
An Amendment is bringing about a change or
correction to an existing return. People often confuse between VIN correction
and an amendment. The VIN correction needs to be done on a separate filing and
this doesn’t relate to anything with the Amendments.
Amendments are basically for reporting two
things
When there is an increase in gross weight (truck, trailer, and max load capacity)
When the suspended vehicle exceeds the mileage limit (over 5000 miles)
Truckers, we got to remind you about the upcoming HVUT tax deadline by November 30, 2020 for vehicles first used since October 2020. This deadline has been drafted based on the Federal Law that indicates that Form 2290 needs to be filed by the last day of the month following the month of its first use.
This deadline is considered to be applicable for vehicles that are purchased/re-purchased or in use since October 2020. This deadline does not have any impact on regular annual renewals done in July & August of every year.
The Heavy Highway vehicle used taxes are generally paid on vehicles with a minimum taxable gross weight of 55000 lbs or more and if the subjected vehicle is used on the public highways for commercial & agricultural purposes.
Unlike the other taxes, Form 2290’s are always been filed and paid upfront for the upcoming period. Hence, one must be sure of the fact if the truck would exceed the desired mileage limit for an exemption to pay the tax dues full in advance whereas if the truck might underrun the said limit to claim a complete exemption from paying taxes to the IRS.
As we are looking forward to Thanks Giving it is wise enough to file your pro-rated form 2290 right was which could eliminate last-minute rush up and you can relax during the long weekend
E-Filing HVUT Form 2290 via www.truckdues.com hardly consumes few minutes of your busy on road schedule. You don’t have to spare a lot towards hiring a high-priced professional to assist you with your 2290, instead, you can e-file your HVUT right off your PC or smartphone and get the services rendered as low as $7.99. Receive the IRS digital watermarked copy of schedule 1 in the email minutes after you e-file. Reach our tax experts @ (347) 515-2290 for any further assistance.
Hello there dear truckers, Hope you’re all safe and sound. Since the time of renewal dates, we have been facing questions relating to rejection that occurs during filing your form 2290. Well, there are three different factors that play a major role in getting your form rejected. These rejections are mostly dues to small errors and can be rectified right away. Let’s see the factors in detail for a better and accurate filing of your taxes.
RTN rejection (Routing Transit number entered wrong).
EIN rejection (Due to New EIN ORDue to Mismatch in the name and address registered to the EIN)
E-file your Form 2290 before 09/30 for vehicles first used in August 2020
Hello there truckers, Hope you’re safe and sound the Pro-rated HVUT Form 2290 is now due by Sept 30, 2020, for vehicles first used since August 2020. This Pro-rated deadline is drafted based on the Federal law that indicates Form 2290 must be filed by the last day of the month following the month of its first use.
If you had purchase/re-purchase any new trucks during August 2020, then you got 60 days before you could file this Form 2290, you generally file this tax form to get your vehicle plates, tags, licenses renewed.
Its time to walk down the red carpet as
its time to honor THE HEROES OF OUR NATION.
Yes it’s you dear truckers who save us amidst all the calamities working
towards meeting our needs day and night. The sacrifices and risks that you’ve
taken during this pandemic show your selflessness. We thank you for all the
efforts that you’ve put in to meet our needs as the nation celebrates National Truck Driver Appreciation Week for
2020.
The economy would plunge to the ground if it wasn’t for you guys! By Delivering on time to keeps the nation up and running. Directly and indirectly, you help all businesses on their feet and not to mention supplying all the medical goods on time. Many industries would have shut down if it wasn’t for you leading to huge unemployment. Even we need your contribution to keep our job running and we extend our gratitude for filing with us and make us win our daily bread
Hello Truckers, hope you’re busy in between your 2290 Tax Season. We just need to add more details to your 2290 tax preparation process and remind you that eFile can help you big time to handle this 2290 taxes with ease. TruckDues.com is the most preferred eFile website for Owner Operators and helps them to receive the IRS watermarked Schedule 1 receipt instantly. August 31 is the Due Date to report and pay the Federal Vehicle Use Tax ?Form 2290 on your heavy highway motor vehicle.
IRS Letter or Notice – Don’t ignore it or get panic.
Truck Tax Form 2290, to prepare and report the Federal Heavy Vehicle Use Tax returns online would be the best way to do it right. This is an annual tax paid in full to claim the IRS stamped (water marketed) Schedule 1 copy, which act as the Proof for Payment of 2290 taxes. If your commercial vehicle has a gross weight of 55,000 or
more you’re required to report and pay this truck tax to the IRS and obtain
your paid 2290 receipt. The fees are
based on gross vehicle weight. The heavy
highway vehicle use tax is due is from July 1 through June 30. Tax must be paid in advance (the beginning of
the IRS tax year). Tax is also prorated
according to the month you first put your truck in service.
When you own or want to register a heavy vehicle with local state authorities in your name then you need to produce this receipt upon obtaining or renewing your base license plate. The commonly called 2290 truck tax is paid full, if you have driven your vehicle less than 5,000 miles (7,500 for agriculture) you can claim the suspension of tax. You can also claim this if you expect to use it for less than these numbers in the coming year.
