IRS charges highway taxes for the vehicles used on public roads in the United States. Truckers must pay the 2290 highway tax by filing IRS 2290 Form if they operate heavy-weight vehicles with a gross weight of 55000 pounds or above. A tax period starts on July 01 and ends on June 30. For the tax period, the 2290 highway tax is due annually between July 1 and August 31.
You can be exempt from the 2290 highway tax by some specific limitations provided by the IRS.
To be eligible for form 2290 highway use taxes, commercial vehicles must travel more than 5,000 miles and agricultural vehicles must travel more than 7,500 miles on public highways. If your heavy motor vehicle does not fall into one of these categories, then you should file IRS Form 2290 and request that your vehicle’s tax be suspended.
E-Filing 2290 Highway Tax Return
Every trucker is required to file a form 2290 highway tax return. If you have more than 25 heavy motor vehicles, you must file them electronically. Electronic is just an e-filing system for obtaining the IRS digital stamp schedule 1 proof in a fast and easy way. E-filing is more accurate and reduces the time it takes for paper filing. Then you will receive your IRS 2290 schedule 1 proof within minutes. It also calculates your IRS HVUT taxes accurately and avoids errors that can occur when e-filing. After your filing has been successfully submitted, you will receive an email confirmation. And you can re-file your form 2290 for the rejected files. Hence, e-filing is a simple and secure way to file or pay HVUT taxes and federal taxes.
What are the requirements to file the 2290 highway tax form?
Truckers must have the following information in order to file the 2290 tax form:
- Name and address of the company
- Employer Identification Number (EIN)
- VIN (Vehicle Identification Number)
- The taxable gross weight of the vehicle
- Vehicle’s First Used Month (FUM)
- The total number of vehicles suspended.
What are the payment options for the 2290 HVUT?
Traditionally, truckers can pay their 2290 highway taxes in both ways, either physically or digitally. The types of payments are:
- Electronic Funds Withdrawal (EFW)
- The Electronic Federal Tax Payment System (EFTPS)
- Money Order or Check
- Credit and debit cards
How to File a 2290 Heavy Vehicle Use Tax Form
There are two ways to file the 2290 highway tax form. One is paper filing, and the next is e-filing through an IRS e-file provider. As we know, truckers who own 25 or more vehicles must file form 2290 using the e-filing method.
If you want to use the paper filing method, you must print the 2290 HVUT form and fill it out with the required information. Then you can draught a check or money order to the IRS office through the post or manual.
When you are filing your Form 2290 online, first choose an IRS e-file provider like Truck2290. Online filing is a fast way to get your Schedule 1 proof in early. You need to follow these when you are filing in online through https://www.truck2290.com/
- Register or log in to your Tuck2290.com account to begin
- Enter the required information about your vehicle.
- Make sure that your payment was successful.
- Get your IRS-stamped Schedule 1 in your box.
Finally, you must file your 2290 highway tax form as soon as possible before the due date or on time to avoid penalties and interest imposed by the IRS.
