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 tax year 2011-2012. Show all posts
Showing posts with label tax year 2011-2012. Show all posts

Monday, May 7, 2012

How To File Form 2290

Electronic filing is required for each return reporting 25 or more vehicles. However, all taxpayers are encouraged to file electronically. Electronic filing generally allows for quicker processing of your return. A stamped Schedule 1 can be available in as little as 24 hours after filing.

File Form 2290 electronically through any electronic return originator (ERO), transmitter, and/or intermediate service provider (ISP) participating in the IRS e-file program for excise taxes.

You can e-file your form 2290 at www.eform2290.com which is an IRS authorized website.

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.

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.



IRS Form 2290 Due Dates

The IRS Form 2290 for Heavy Vehicle Use Taxes (HVUT) must be filed annually for each taxable vehicle that is used on public highways during the current tax period. The normal tax period for heavy vehicles begins on July 1st and ends on June 30th of the following year. A Form 2290 must also be filed once a vehicle is placed in service. The due date for each month is the last day of the following month. For example: if a vehicle is placed in service on October 3rd, the Form 2290 will be due on November 30th.

You can e-file your form 2290 at www.eform2290.com which is an IRS authorized website.

Vehicle first used monthDue date
July-201130-November-2011
August-201130-November-2011
September-201130-November-2011
October-201130-November-2011
November-201131-December-2011
December-201131-January-2012
January-201229-February-2012
February-201231-March-2012
March-201230-April-2012
April-201231-May-2012
May-201230-June-2012
June-201231-July-2012
July-201231-August-2012
August-201230-September-2012
September-201231-October-2012
October-201230-November-2012
November-201231-December-2012
December-201231-January-2013