Author: Santamarina Joseph
File Your Form 2290 On Time To Avoid Penalties
Filing your Form 2290 for Heavy Vehicle Use Tax (HVUT) can be time consuming and confusing. The IRS has simplified this process by introducing the ability to E-File your Form 2290. Now that you can E-File, you can complete the process within minutes and you have an online record of previous returns right there at your fingertips. ExpressTruckTax is an IRS Authorized E-File Provider that makes this process even easier with their friendly US based customer support team who is ready to eager to lend a helping hand if necessary. The program is very easy to use, even for those who are not too comfortable with a computer.
This tax is due every year and must be paid in full and on time or you will be assessed penalties and interest. The penalties for filing late will not be imposed if you can show reasonable cause for not filing on time. The penalty for failing to file IRS Form 2290 in a timely manner is equal to 4.5% of the total tax due, assessed on a monthly basis up to five months. Late filers not making an HVUT payment also face an additional monthly penalty equal to 0.5% of total tax due. Additional interest charges of 0.54% per month accrue as well.
For more information or to get started today, visit ExpressTruckTax.com or contact our friendly US Based Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!
E-File Form 2290-Credits Not Exceeding Low Mileage
If you paid heavy vehicle use taxes during a previous tax period, but did not exceed the 5,000 mile threshold or 7,500 for agricultural you are eligible for a tax credit or a refund.
This video walks you through the simple process for claiming your Form 2290 credit and/or refund.
For more information or to get started today, visit ExpressTruckTax.com or contact our friendly US Based Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!
Trucking Spotlight
Form 2290 HVUT Requirements
Suspended vehicles (Category W) are still required to file a Form 2290, even though there is no tax due. A vehicle is considered suspended if the motor vehicle does not exceed 5,000 miles or 7,500 miles for agricultural vehicles during the tax period, regardless of owners.
An agricultural vehicle is any highway motor vehicle that is:
- Used (or expected to be used) primarily for farming purposes, and
- Registered (under state laws) as a highway motor vehicle used for farming purposes for the entire period. A special tag or license plate identifying the vehicle as used for farming is not required for it to be considered an agricultural vehicle.
Also note that logging vehicles are taxed at a reduced rate.
There are some vehicles that are exempt from the tax and are not required to file Form 2290. They are:
- The Federal Government,
- The District of Columbia,
- A state or local government,
- The American National Red Cross,
- A nonprofit volunteer fire department, ambulance association, or rescue squad,
- An Indian tribal government but only if the vehicle’s use involves the exercise of an essential tribal government function,
- A mass transportation authority if it is created under a statute that gives it certain powers normally exercised by the state,
- Qualified blood collector vehicles (see below) used by qualified blood collector organizations, or
- Mobile machinery that meets the specifications for a chassis
For more information on exempt vehicles, go to irs.gov/trucker.
The IRS has simplified the process of filing Form 2290 and paying your HVUT taxes with the ability to E-File. Anyone who is filing a return with 25 or more vehicles is required to file electronically, but everyone is now encouraged to E-File. Through an IRS Authorized E-File Provider, like ExpressTruckTax.com, you can file your Form 2290, pay your HVUT taxes owed to the IRS and receive your Stamped Schedule 1 within minutes. Your Schedule 1 serves as proof of payment for your HVUT and when you file by the August 31, 2013 deadline you will avoid any IRS penalties.
For more information or to get started today, visit ExpressTruckTax.com or contact our friendly US Based Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!
Trucking Spotlight
Trucking Spotlight
E-File Form 2290 In Just Mintues With ExpressTruckTax
E-Filing Form 2290 with ExpressTruckTax is easy when you use ExpressTruckTax.com. The whole process is just 4 easy steps.
- Create your account
- Enter your vehicle information
- E-File with IRS
- Receive your Stamped Schedule 1
You can E-File for Form 2290 for just $9.90 and receive your Schedule 1 in just minutes!
To get started today, visit ExpressTruckTax.com or contact our Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!
E-File Form 2290-Adding / Uploading / Adding Vehicles
For your taxable vehicles enter all vehicles for this tax period with a taxable gross weight of 55,000 pounds or more. Do not enter low mileage / suspended vehicles (category ‘W’) on this page. Low mileage vehicles can be entered on the next page.
You can Add Taxable Vehicles manually by selecting the green button at the top. If you have multiple vehicles to file for, you can also upload a spreadsheet by using the Bulk Upload button. You can choose Express Upload, which is a template that ExpressTruckTax has prepared or Smart Upload, to upload your own template.
Another great feature that we have added is the Truck Zone. This ExpressTruckTax Exclusive feature allows you to save your trucks from year to year & easily add them to your Form 2290.
For more information or to get started today, visit ExpressTruckTax.com or contact our friendly US Based Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!
Reminder-IRS To Be Closed July 4 – 5
The IRS will be closed tomorrow, July 4th for the holiday and Friday, July 5th due to the scheduled furlough day.
The next scheduled furlough day is July 22, 2013.
All deadlines remain the same and you can still file your Form 2290 online, just be advised that you will not receive your Stamped Schedule 1 until Monday.
ExpressTruckTax works to help you stay informed of situations that may affect you. For more information, contact us at ExpressTruckTax, email support@ExpressTruckTax.com or call 704.234.6005.