Hello there truckers, this article is to remind you all that
your Pro-rated HVUT Form 2290 is due by September
30, 2019 for the period beginning August
2019 through June 2020. As you are pretty aware of the fact Form 2290 is
generally due by June and its payable until the end of August. Else, federal
law states that Form 2290 must be filed on a vehicle by the last day of the
month following the month of its first use.
Hence, Form 2290 is now due tomorrow ONLY for the vehicles which were purchased/re-purchased and been
used over the road since August 2019
and yet this is the shortest month of the year, evidently it’s hard for us to
recollect the pace with which the days during this month literally ran off by
far and we face just one more day to E-File and pay the pro-rated HVUT form
Most HVUT tax payers refuse to report their trucks over a
Form 2290 since they primarily use their trucks for agricultural/farm based purposes
and they rightly presume that their vehicles are basically exempt from HVUT
hence needs not to be reported on a Form 2290. In contrary, the IRS doesn’t
think the same way. Any vehicle that possess a minimum combined gross weight of
55000 lbs and if it’s been used between destinations using a public highway is
required to be reported on a Form 2290.
Having said that however, tax payments are not collected on
farm based units however they need to be reported over a Form 2290 to legally
claim its exemption from HVUT and the same is necessarily required during
vehicle registration with the state department of Motor Vehicle and its
applicable during tags, plates, licenses purchases etc.
Reach us back for any further assistance over the following
515-2290 [Monday through Friday, 9 A.M to 5 P.M, Central Standard Time]
Live chat with our tax representatives.
Have a Good One! See you over the next article.