Hey there wonderful truckers; it’s time for you to renew your Heavy Vehicle Use Tax, Form 2290, with the IRS for the new tax period, July 1st 2022 to June 30th 2023. So, you must e-file your form 2290 tax returns within August 31st 2022, to use the public highways for your taxable vehicles in this new tax year.
You must have an established Employer Identification Number (EIN) to e-file form 2290 tax returns online. If you don’t have an EIN already, you can apply online and get your EIN. It takes about two weeks to get an EIN from the IRS to start e-filing form 2290 tax returns.
Truckers should report and pay the form 2290 Heavy Vehicle Use Tax for their taxable vehicles every year. The tax period usually begins from July 1st and extends till June 30th of the following year. So, every trucker should file or renew their yearly heavy use tax form 2290 within August 31st of every year. If you plan to operate your vehicle other than July or buy a new vehicle before or after July, you have to report and file prorated tax for form 2290 with the IRS based on the first month of its use till the end of the tax period. You must e-file prorated form 2290 within the end of the next month of your first used month.
So be aware of your tax form 2290 regulations of the IRS and the due dates for your vehicles. The due dates apply for both form 2290 tax payment and form 2290 tax suspension. So, you have to identify the correct category of your vehicle to pay your tax on time and avoid paying penalties to the IRS.
Example 1: John is a trucker operating his taxable heavy motor vehicle on the public highways. Therefore, his yearly form 2290 is due on July 1st of the tax period. So, John must report and e-file form 2290 to the IRS within August 31st of the tax period.
Example 2: John is buying a new truck that comes under the taxable heavy motor vehicle category on November 3rd, and he needs to register the vehicle under his name. He used his vehicle on the public highways while driving his truck from the dealership to his home or depot after purchasing his vehicle. So, he needs to file and pay the prorated tax form 2290 from November 1st to the following June 30th, which is the end of the tax period. John must complete his form 2290 e-filing process and get the schedule 1 copy before December 31st.
We are available for your support on all the working days from 8:00 AM to 6:00 PM CST. You can have a live chat with our executives or call them directly at your convenience. Reach us at (347) 515 – 2290 or support@truckdues.com.
No, you cannot e-file your form 2290 without a valid Employer Identification Number (EIN). It is mandatory because IRS uses EIN to access and identify your records. If you don’t have EIN, you should apply online directly at the official IRS website here at https://www.irs.gov/businesses/small-businesses-self-employed/apply-for-an-employer-identification-number-ein-online
If you miss the due date to file your Form 2290, IRS will charge the penalty based on the month elapsed along with the original tax amount. IRS also charges monthly interest for the months you failed to pay your 2290 tax amount. So, it is highly advisable to pay the tax dues on time to avoid penalties and interests for your tax form 2290.
Yes, you can readily switch from paper filing to e-filing form 2290 reports any time you want. We are here to help you through every e-filing process. Our tax experts are always available to assist you in every way. All you have to do is register for free with truckdues.com and start e-filing form 2290 truck tax at affordable costs.
Yes, you can e-file form 2290 for your new taxable vehicle directly to the IRS without physically visiting the office.
Every tax period for the IRS form 2290 road tax payments starts on July 1st of every year and lasts till June 30th of the following year. So, you have to e-file form 2290 online within August 31st of the current tax period.