Trucking is one of the most important and major businesses in almost 29 states of the United States of America. They largely contribute to the overall economy of our country every year. We are proudly obligated to serve the hard-working community of our nation. So, we have created a simplified online solution for preparing and reporting the federal form 2290 heavy use tax with the IRS.
Each year, truckers of the United States pay the federal excise tax on heavy vehicles to operate them on public highways valid from July 1st to June 30th of the following year. Millions of truckers, interstate, intrastate trucking companies, owner-operators, and independent truckers regularly report their 2290 tax form with the IRS. Truckdues.com offers the simplest e-filing solution that starts from $7.99 for a single-vehicle per tax year.
Form 2290 Truck Tax – Eligibilities and Liabilities
Every trucker is liable to file and report form 2290 highway use tax every year, including trucking companies, individual truckers, owner-operators, LLCs, corporations, partnerships, and other organizations including non-profit, charitable, education, etc.
If a taxable motor vehicle is registered or required to be registered in your name under state, District of Colombia, Canadian or Mexican Law at the time of its first use, then you should file form 2290 payment in advance for the current tax year.
In other cases, if a taxable vehicle is registered in the name of two people, i.e., owner and another person, then the owner should file and pay form 2290. This rule is also applicable for the dual registration of a leased vehicle. Any vehicle that operates under a dealer’s tag, license, or permit is considered the dealer’s ownership. So, the dealer has to report the tax form 2290 for that particular vehicle.
Form 2290 Truck Tax Deadlines
Every year, the tax period starts from July 1st and ends on June 30th of the following year. And the form 2290 truck heavy vehicle use tax should be filed by August 31st of the tax period. Hence, all the truckers should report and pay form 2290 online on or before August 31st to operate their vehicles on the public highways without any hurdles with the authorities or the DMV.
Suppose you purchase/trade a new vehicle, register it in your name or company name, and plan to use it any time after July, or you are using an existing vehicle for the tax period after July. In that case, you have to pay the tax form 2290 from the first month of its use till the end of the tax period. You don’t have to pay the full tax amount; you need to calculate the 2290 tax amount from the first used month to June 30th of the tax period. And file the form 2290 tax returns with the IRS accordingly.
If you intend to use multiple vehicles on different months, then you need to file form 2290 separately for each vehicle.
The filing rules apply for both payment of the 2290 tax and reporting for the 2290 tax suspension. You should file the report for your tax exempted vehicles also. You can know that your vehicle is not entitled to report form 2290 if it doesn’t fall under the taxable vehicle category requirement.
E-filing Form 2290 Truck Tax
E-filing is mandatory when you report and pay form 2290 for 25 or more vehicles. The efiling method is the easy, secure, and quickest to file your tax form 2290. IRS swiftly processes your tax returns and delivers your stamped schedule 1 copy to your email within a few minutes. Therefore, you can save a lot of money and time by e-filing your road tax 2290. Whether you are reporting to pay form 2290 or reporting for tax suspension, you should do it with the VIN of your vehicle. Because the schedule 1 copy comes with the VIN, it is essential for all legal purposes using registration.
You don’t have to wait for days to get your schedule 1 copy or proof of payment of your form 2290. Instead, you will get it instantly when the IRS accepts and processes your e-filed form 2290 tax returns. Then, you can download it, print it, and use it on the go.
Proud TruckDues.com user Mr. Faraon, Nunez from Dumfries, Virginia quoted…
“This is the 2nd year I have used Truck Dues. It took just a few minutes. With this being the 2nd year I imported the information from last year and it went through like a breeze!! Excellent”
TruckDues.com is an IRS Authorized E-file service offering an electronic filing service for federal heavy vehicle use tax form 2290. Import your VIN# from your last filing or bulk update the VIN# from your excel spreadsheet and save time in filing your 2290s. No more looking back… we power your heavy truck tax filing and save you time and money. #happytrucking #safetrucking
FAQs
Your truck is taxable when its total gross weight is 55,000 lbs. and more. Also, your truck is estimated to run over 5,000 miles (7,500 miles for agricultural vehicles). Then, it automatically falls under the category of taxable vehicles. Therefore, you should file and report form 2290 HVUT for all your taxable vehicles in advance for the current tax period.
A tax period is the validity of a tax report filed for a particular amount of time. Usually, the tax period of form 2290 Heavy Vehicle Use Tax starts from July 1st and lasts up to June 30th of the following year.
When a vehicle becomes tax suspended, it doesn’t fill the criteria of a taxable vehicle. If your truck’s total gross weight is less than 55,000 lbs. and is estimated to run less than 5000 miles on public highways, it is not entitled to form 2290 HVUT tax payments. However, you should e-file from 2290 under the category of tax suspension.
You can still file your form 2290 with the IRS, but you will be charged a penalty and late fee based on your vehicle category and tax returns.
Yes, you can e-file form 2290 online for multiple vehicles at a time. You should upload an excel file containing all the information on your vehicles in the correct format while form 2290 e-filing through truckdues.com.
