Yes! you read that Right. It’s time for you to renew your Schedule-1 and
Form 2290 for the new tax year 2015-16. The current tax period begins
July 1, 2015, and ends June 30, 2016; Form 2290 must be filed by the last day of
the month following the month of first use. Your 2290s are due this August 31st.
You must e-file your Form 2290 if you are filing for a larger fleet with 25 or more
vehicles, but IRS encourages e-filing for every trucker reporting 2290, heavy highway
vehicle use tax return. With e-file, you’ll get your stamped Schedule -1 copy almost
immediately after IRS accepting your Form 2290 tax return.
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