Truckers and truck taxpayers should estimate their truck taxes and pay in advance at the beginning of the tax period every year to continue their trucking operations on public highways. The tax period starts on the first of July every year and lasts until the end of next June. So, the truckers need to report their HVUT through form 2290 at the beginning of July and get the IRS-approved schedule 1 copy as proof of form 2290 truck tax payment. Truckers cannot operate their vehicle without a valid form 2290 schedule 1 copy. If you don’t have your schedule 1 copy for the particular tax year, you will run into problems with the concerned authorities and might even lose the license of your heavy vehicle or truck. So, all truckers must report their form 2290 and pay the 2290 truck tax amount to the IRS without fail.
Pro-rated or partial period form 2290 HVUT
We all know that the form 2290 truck tax period starts in July, and every trucker should report their form 2290 truck taxes to the IRS by the end of August. For the trucks that are used other than July or purchased in any month other than July, IRS charges the form 2290 truck taxes on a partial period or pro-rated basis based on the first used month of the vehicle. The deadline to report the form 2290 partial period tax is the end of the following month of its first used month.
For example, suppose you recently purchased a new heavy vehicle in January, or you first used your heavy vehicle in January; in that case, you should report the form 2290 truck tax within the end of February and get the IRS-approved schedule 1 copy.
| If the vehicle is first used in | If the vehicle is first used in Then, file Form 2290 by... |
|---|---|
| July | August 31 |
| August | September 30 |
| September | October 31 |
| October | November 30 |
| November | December 31 |
| December | January 31 |
| January | February 28 |
| February | March 31 |
| March | April 30 |
| April | May 31 |
| May | June 30 |
| June | July 31 |
FAQs
Can I get an extension time to my form 2290 partial period truck tax?
IRS doesn’t give extension time to pay your form 2290 truck taxes even on a pro-rated basis. You should pay form 2290 within the deadline to avoid any actions from the IRS. Sometimes, they give an extension time to report form 2290 taxes if you directly write to them stating your reason. But you should pay the 2290 tax amount within the due date, and then you can ask for an extension.
Can I e-file my partial period form 2290 tax reports at TaxExcise.com?
You can easily e-file your form 2290 truck taxes on a partial period basis at TaxExcise.com. You can also easily estimate your total 2290 tax amount using our tax calculator feature and pay it directly to the IRS. You will get the IRS-approved schedule 1 copy within a few minutes to your email once the IRS processes your partial period truck tax.
How to calculate form 2290 taxes on a pro-rated or partial period basis?
Pro-rated taxes are calculated based on the first used month of heavy vehicles till the end of the ongoing tax period, which is the end of June. If your vehicle’s first used month is February, you should calculate your form 2290 pro-rated truck tax from February to June and report it to the IRS within the end of March.
When will I get the schedule 1 copy for my pro-rated form 2290 tax reports?
Once you e-filed your form 2290 pro-rated taxes in TaxExcise.com, IRS will process them and issues the official schedule 1 copy. E-filing pro-rated form 2290 taxes is similar to normal form 2290 online e-filing. You will get the schedule 1 copy to email instantly.
Can I e-file pro-rated form 2290 truck taxes for my new vehicle?
You should file pro-rated form 2290 truck tax for your newly purchased vehicle based on the first used month of your vehicle. You should calculate the pro-rated truck tax from the first used month until the end of the ongoing tax period and pay form 2290 on a partial period basis to the IRS. The deadline to pay your pro-rated HVUT is the end of the following month of the first used month of your vehicle.