Anyone who operates a truck or other vehicle categorized as a Heavy Highway Use Vehicle on public highways must complete Form 2290 (Heavy Highway Use Vehicle tax return) and pay excise tax. All truck owners can now file and pay electronically using IRS e-file.

IRS e-file is the best way to prepare and file your Form 2290 excise tax. IRS e-file saves you time, paper and postage. You get your Schedule 1 almost immediately after we accept your return, and you can get your taxes done from your computer while you are on the road, any time of the day or night.

If you are reporting 25 or more trucks on a return, you must file and pay electronically.

Resource: www.IRS.gov/trucker
Showing posts with label 2290 Payment. Show all posts
Showing posts with label 2290 Payment. Show all posts

Monday, May 7, 2012

Who Must File Form 2290

You must file Form 2290 and Schedule 1 for the tax period beginning on July 1, 2012, and ending on June 30, 2013, if a taxable highway motor vehicle (defined below) is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable. 

You may be an individual, limited liability company (LLC), corporation, partnership, or any other type of organization (including nonprofit, charitable, educational, etc.). 

If you acquire and register or are required to register a used taxable vehicle in your name during the tax period, you must keep as part of your records proof showing whether there was a use of the vehicle or a suspension of the tax during the period before the vehicle was registered in your name. The evidence may be a written statement signed and dated by the person (or dealer) from whom you purchased the vehicle.

You can e-file your form 2290 at www.eform2290.com authorized by IRS.

Third Party Designee

If you want to allow an employee of your business, a return preparer, or other third party to discuss your Form 2290 with the IRS, check the “Yes” box in the Third Party Designee section of Form 2290. Also, enter the designee’s name, phone number, and any five digits that person chooses as his or her personal identification number (PIN). The authorization applies only to the tax return on which it appears.

By checking the “Yes” box, you are authorizing the IRS to speak with the designee to answer any questions relating to the information reported on Form 2290. You are also authorizing the designee to:
  • Exchange information concerning Form 2290 with the IRS, and 
  • Request and receive written tax return information relating to Form 2290, including copies of notices, correspondence, and account transcripts. 

e-file your form 2290 with an IRS authorized website at www.eform2290.com
 
 

Sunday, April 22, 2012

Filing your HVUT forms or form 2290

IRS Schedule 1 Form 2290 is used to pay Heavy Highway Vehicle Use Tax (HVUT). Those that need to pay HVUT can do so online through an IRS authorized e-filer. Online filing is mandatory when filing for 25 vehicles or more. Even if you don’t have a lot of vehicles, the IRS still recommends that file online. Make sure you use a secure and authorized online e-filer. The government uses the money received from the taxes to help maintain and improve roads.

Here’s some of the information you’ll need when you file.
  • - Name and company information
  • - Vehicle Identification Numbers
  • - Number of vehicles
  • - Gross weight of the vehicles
You can e-file your form 2290 at www.eform2290.com which is an IRS authorized website.



Friday, April 13, 2012

How To Pay The Tax?

There are three methods to pay the tax to IRS
1. Electronic funds withdrawal (direct debit) if filing electronically.
2. Electronic Federal Tax Payment System (EFTPS).
3. Check or money order using the payment voucher.


you can file your form 2290 at www.eform2290.com which is authorized by an IRS.