E-File IRS Tax Form 2290

IRS Form 2290 is used to pay Heavy Highway Vehicle Use Tax (HVUT). The heavy vehicle use tax or the highway vehicle use tax form 2290 is reported annually to the taxes own based on the taxable gross weight of your vehicle, not greater than $550. IRS Form 2290 is designed to help provide funding to federal states to repair the roads damaged due to heavy highway vehicle use. Extensive running of heavy highway vehicles weighing more than 55,000 pounds can cause major destruction to roads. The taxes collected by IRS Form 2290 helps pay for maintenance and repair as well as a variety of other programs to keep the roads well maintained.

Pay Form 2290 Tax due on highway motor vehicles:

The Schedule 1 is better known as your 'Proof of Payment'. Once you have your stamped Schedule 1, then you’ll be able to register or renew your truck with the DMV. If you’ve never filled out a Form 2290 or paid Heavy Vehicle Use Tax, this could be a somewhat confusing form. TruckTaxOnline.com helps you to figure and pay your IRS Form 2290 tax that is due on the vehicles that were used on a public highway with a Taxable Gross weight of 55,000 pounds or more. Our website application(IRS Form 2290 application) makes it easy for you to enter all of your information and file your Form 2290 and receive your Schedule 1 in just a few minutes. We, TruckTaxOnline.com, are in the business of helping companies big and small ensure that they have the tools they need to accurately file their Heavy Vehicle Use Taxes(IRS Tax Form 2290).

E-Filing IRS Tax Form 2290

E-Filing is transmitting Business Tax From 2290 Returns to the IRS through the internet. Electronic filing is the safest, most secure and private way to send your tax IRS Form 2290 return to the IRS. Once you E-file your Form 2290 return you will receive an electronic acknowledgement that the IRS has accepted your return for processing. Once the IRS accepts your Form 2290 return, your schedule 1 will be stamped and sent to you. It will have the list of vehicles for which you have filed the return. The stamped copy of Schedule 1 can be used as a proof of payment when registering vehicle(s) with the IRS. If there is any error in the data provided by you then your Form 2290 return may be rejected in which case you will not receive your Schedule 1.

How to Complete the Form

Schedule 1 of Heavy Highway Vehicles Form 2290 can be E-Filed through an authorized e-file software provider, like www.TruckTaxOnline.com. Federal tax E-File providers offer relevant Tax Form 2290 instructions that make the E-File process quick and easy. IRS Tax Form 2290 should be filed for each month a taxable vehicle is first used on public highways. The current taxation period for heavy highway vehicles begins july of each year and ends on june 30 the following year. The form consists of three parts: an identification section and two sections in which the taxpayer identifies the purpose for filing the form and the amount of tax they owe, if any. In the first section, the taxpayer provides their name and address as well as the employer identification number associated with the vehicle. An individual owner and operator of the vehicle cannot use their Social Security number in this section. If they do not have a tax identification number, they must apply for one with the IRS prior to filing the form. Immediately below this area the taxpayer must identify whether their purpose for filing the form falls into one of four categories: an address change, amended return, a vehicle identification number (VIN) change or that they no longer have vehicles to report, which the IRS refers to as 'final return'. This information is important because, if it applies, the taxpayer does not need to calculate the amount of tax due. Checking the box tells the IRS which sections of the form are relevant and were, therefore, completed by the taxpayer.

When should I file Form 2290?

IRS Tax Form 2290 must be filed for each month a taxable vehicle is first used on public highways during the current period. The current period begins on July 1, 2011, and ends on June 30, 2012. IRS Tax Form 2290 must be filed by the last day of the month following the month of first use. The filing rules apply whether you are paying the tax or reporting suspension of the tax.