Tag Archives: IRS form 2290

Just four days remain before the April 30th deadline for submitting Form 2290 for vehicles first used since March 2021. E-file Now!

Good day, truckers! We’ve got an important update for you. For any new vehicles first used on a public highway in March, the Heavy Highway vehicle used tax return is due on a pro-rated basis for the period July 1, 2020, to June 30, 2021, and is due on April 30, 2021.

E-filing allows for a quicker approval of the tax return. It’s best to E-File your HVUT Form 2290 as soon as possible to prevent a last-minute panic that might result in your vehicle registration being revoked. Many last-minute 2290 e-filers have been advised that they will be unable to earn income so failure to file this form prevents you from using your vehicle on the road to support the needs of the people.

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The deadline for submitting Form 2290 is April 30th, which is only a few days away. Now is the time to submit your electronic filing.

Any heavy vehicle with a gross weight of less than 55,000 lbs must file a Form 2290, but the tax liability element is based on the number of miles driven. When the truck has traveled more than 5,000 miles for commercial use or 7,500 miles for agricultural use. When a vehicle does not exceed the desired mileage cap within a tax year, it is counted as excluded from paying HVUT taxes to the IRS. During checks and roadside inspections, however, the vehicle must be identified using Form 2290 to validate its exemption.

E-filing has been one of the digital revolutions, allowing taxpayers to safely register and pay their Federal Excise Tax Returns with the Internal Revenue Service. The main motivation for implementing E-filing is to make it easier for taxpayers to meet their tax deadlines. It frees them up from making appointments at the nearest IRS office and waiting a day for their turn to come before they hit the counter. The worst thing is that any last-minute changes are ignored, forcing you to restart from the beginning. Instead, sit back, relax, and e-file your Form 2290 in a matter of minutes at truckdues website.

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For vehicles first used since February 2021, the HVUT Form 2290 partial period tax is now due on March 31.

Dear HVUT filers, the HVUT Form 2290 is now due for a renewal for the Trucks first used since February 01 2021 Period beginning July 1, 2020 through June 30, 2021. Thousands of truckers have e-renewed their HVUT Form 2290 for the current period already. So act before it’s too late to join the e-filer club and receive the IRS digital watermarked copy of schedule 1 as soon as possible.

In this blog lets refresh who should file a 2290 and how the taxes are calculated. There are two important factors that needs to taken into consideration while declaring your truck under a form 2290. Its based on the number of miles driven and the total gross weight of the vehicle

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The HVUT Form 2290 partial period tax is now due for vehicles first used since February 2021

Hello there truckers, Over this article, we are going to discuss the near–term HVUT Form 2290 deadline for vehicles that are into service since February 2021. The Federal law states that Form 2290 must be filed by the last day of the month following the month of its first use. On that basis, March 31, 2021, happens to be the deadline for vehicles first used in February 2021.

Now before you are going to e-file your pro-rated Form 2290, you need to figure out whether your Truck is Taxable or Suspended. Basically, there are 2 types of vehicles reported in Form2290 as follows: So why bring this up now? well, let’s see that.

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The HVUT Form 2290 partial period tax is now due for vehicles first used since January 2021

Hello there truckers, Hope you had a wonderful valentines week amidst your loved ones. The love towards our close ones drives us every day doesn’t it? While that being said your love and passion for trucking drives the nation. The Pro-rated HVUT Form 2290 is now due by March 1 2021 for vehicles first used since January 2021. 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 purchased/re-purchased any new trucks during January 2021, 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.

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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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Did you know the IRS Annual Shutdown will cease only after New Year?

Hey there truckers! Hope you had a wonderful Christmas and awaiting a prosperous New Year! Yes we know it’s the holiday season and you would wonder why we still keep posting about your form 2290’s well we do need to update you so that you can have a stress free holiday weekend, don’t we all want the same? And yes this is a post regarding your 2290’s but it’s to inform you about the IRS servers shutdown

Well the IRS usually shuts down their e-filing servers for a year end maintenance this starts by December the 26th post noon and commence services post New Year, any e-filings done during this time frame would be processed only post New Year. But you can still e-file your returns through us, your filings will be saved in our secure data base and will be sent for processing as soon as the IRS commences their services. Though the IRS haven’t confirmed the commencing day we expect it to be by January 2nd post noon.

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It’s just a couple of weeks before your Pro-rated HVUT Form 2290 expires!

Hello there truckers, the Pro-rated HVUT Form 2290 is now due by 12/31/2019 for vehicles first used since November 2019. This deadline is been drafted by the IRS federal law that indicates that Form 2290 must be filed by the last day of the month following the month of its first use.

You may even think if this deadline has anything to do about the regular Annual renewals which are basically due by June & payable until August. But, it does not. This deadline is only concerned about vehicles that are into service since November 2019.

The Heavy highway vehicle is basically paid on trucks with a minimum taxable gross weight of 55000 lbs and it’s paid for vehicles that are used over the public highways for commercial, agricultural & logging purposes. The desired mileage limit for exemption is drafted upon these vehicles based on the nature of its use.

For commercial based units & logging vehicles the desired mileage limit of exemption is said to be 5000 miles each and for Agricultural based vehicles, it is said to be 7500 miles. Only when to seem to exceed the respective mileage based on your vehicle’s desired purpose of use you need to make the tax payment to the IRS full in advance for the period it needs to be reported.

Failure to pay the tax dues on time results in incurrence of penalties & interests on top of the requisite tax due owed anywhere ranging from 2.5% to 4.5% of the total tax due amount to be paid granting no further extensions whatsoever. E-filing 2290 has been made easy with www.truckdues.com where quality service is been offered at a much affordable price as e-filing begins here as low as $7.99 our help-desk is just at a phone call away.

Professional advise on Claiming your overpaid 2290 Tax Due!

Double payments we all face this issues on daily basis don’t we? This happens either because of a technical error or because of our ignorance. But we do always have an option to claim it back. Now how a double payment occurs when it comes to Form 2290 filing and the method to reclaims the excess paid taxes.

Generally when a tax return is filed electronically the tax payer is offered 4 different payment options to make the tax payment to the IRS namely:

  1. Electronic Funds Withdrawal (EFW)
  2. Electronic Federal Tax Payment System
  3. Credit/Debit card
  4. Check or Money order.

Now let’s discuss the possible outcomes for overpayments via the above mentioned tax payment options. While using EFW the payment gets automatically cleared by the IRS from your given checking or saving account within 24-48 hours from the time your tax return got processed by the IRS. Or by reporting the same vehicle twice for the same tax period

Besides, there is no specific paperwork provided by the IRS to indicate the tax due clearance hence most people tend to make another payment to the IRS using an alternative options hence ending up paying taxes twice.

On the other hand while using a credit card, there are chances to process payment twice due to multiple clicks or responses given from the tax payer’s end over the IRS authorized payment processor’s website namely www.PayUSAtax.com, www.Pay1040.com & www.officialpayments.com.

Hence, if you had an over-payment in your 2290 tax due payment, do not hesitate to claim a refund by e-filing the claim Form 8849 Schedule 6 to receive the refund check in your mailing address in 21 business days.

E-File your Pro-rated HVUT Form 2290 before Christmas Eve!

Truckers are you wondering whether to pay the taxes for the whole year or if that could be partial. Often assumptions lead to confusion with the tax deadlines and on the tax due amount part. The IRS Federal law indicates that “All heavy vehicles operated on the high way with a gross weight of 55,000 lbs or above and with a mileage of 5,000 miles (7,500 miles for agricultural vehicle) is taxable”.  

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, 2019.

What will you possibly incur if you don’t pay the 2290 tax dues on time? Well that’s simple, the IRS will charges a fee for failure to file and failure to pay at a rate of 4.5% and a penalty of 0.5% of the taxable amount. So think twice before you fall behind your HVUT Form 2290 Deadline.

 Here at TruckDues.com this process is made simple and tax calculations are done automatically such that the website itself will do the math and notify you the computation. This will help you in saving your valuable time amidst off your busy on road schedule.

So what are you waiting for? Rush now just log into TruckDues.com to e-file your Pro-rated HVUT Form 2290. You are just few clicks away from being able to transmit the return to the IRS and receive the watermarked copy of Form 2290 schedule-1 to your registered email address.