If you missed the August 31 tax 2290 filing deadline, don’t panic. Here’s some advice
from the IRS, file as soon as you can. If you owe taxes, you should file form 2290
and pay taxes as soon as you can. This will help minimize the interest and penalty
charges to an extent.
Form 2290, Heavy Vehicle Use Tax Return.
The Federal Heavy Vehicle Use Tax, Form 2290 must be filed for the month the taxable
heavy motor vehicle is first used on public highways during the current period,
that begins on July 1, 2016, and ends June 30, 2017.
If you place an additional taxable truck on the road during any month other than
July that was registered in your name, you are liable for the Heavy Highway Vehicle
Use Tax (Form 2290) on it, prorated for the months during which it was in service.
You must file Form 2290 for these trucks by the last day of the month following
the month the vehicle was first used on public highways.
E-file Form 2290.
You must e-file your Heavy Truck Tax Form 2290 if you are filing for 25 or more
vehicles, however IRS encourages e-filing for anyone required to file Form 2290.
With e-file, your 2290 tax returns would be processed faster and you’ll receive
your IRS watermarked Schedule-1 receipt almost immediately once IRS accepts your
e-filed Form 2290.
Remember this while you e-file 2290 returns.
Anyone who registers a heavy highway motor vehicle in their name with a taxable
gross weight of 55,000 pounds or more must file Form 2290, Heavy Highway Vehicle
Use Tax return irrespective of your mileage use limit. While you file
it electronically you need to have;
Electronic Identification Number, (You cannot use your Social Security
number. If you don’t already have an EIN, apply now; it will take about two weeks
for your new EIN to be established in IRS systems), Taxable Gross Weight
of the vehicle, and Vehicle Identification Number (VIN#)
You may choose to Pay your 2290 Dues through Electronic funds withdrawal
(EFW); authorize a direct debit as part of the e-file process or use Electronic
Federal Tax Payment System (EFTPS); requires advanced enrollment.
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