Category: Benefits of e-filing Form 2290

FAQ Friday: Privately Purchased Vehicles and Form 2290

Posted on January 20, 2023 by - Benefits of e-filing Form 2290, Best Form 2290 service provider, e-fiile form 2290

What is considered a privately purchased vehicle?

A privately purchased vehicle is a vehicle that has been purchased from a private seller and not a dealership, an auto auction, or leased from a carrier or leasing company.

Privately Purchased Vehicles and Form 2290

Buying a Privately Owned Vehicle

If you purchase a vehicle weighing 55,000 pounds or more you must file Form 2290 for the Heavy Vehicle Use tax for this vehicle. If the First Used Month of your vehicle is during the month of the sale, your total Heavy Vehicle Use Tax for the vehicle will not include the tax for the month of the sale. If this is the case, the deadline to file Form 2290 will remain the same. 

The First Used Month of a vehicle refers to the month in which the vehicle was put on the road for the first time. You have until the last day of the following month to pay your Heavy Vehicle Use Tax. When you purchase a privately owned vehicle, the same rules apply except the amount of taxes you will pay will not include the First Used Month. For example, if you purchase a vehicle of a qualifying weight in January and start operating it in January, your Heavy vehicle use tax will not include tax for January, and the deadline to file Form 2290 will be the last day of February.

Selling a Privately Owned Vehicle

If you sell a privately owned vehicle, you can claim a credit for this vehicle next time you file Form 2290 for a different vehicle. If you are not planning to file Form 2290 for a different vehicle it is recommended that you file Form 8849. Provide all of the details of the sale so that you can get a refund for the remaining months in the tax year that you did not own the vehicle. 

Why File Form 2290 With ExpressTruckTax

Whether you are purchasing a privately owned vehicle or selling one, ExpressTruckTax makes it easy to File Form 2290 or Form 8849 no matter the situation. Simply enter your business information, your vehicle information, the credit vehicles you are claiming if any, and your payment information. ExpressTruckTax offers several convenient payment methods for paying the Heavy Vehicle Use Tax. What are you waiting for? File Form 2290 or Form 8849 with ExpressTruckTax for the most user-friendly experience out there!

The IRS Form 2290 Due Date for the 2022-23 Tax Year

Posted on August 5, 2022 by - Authorized Efile provider for form 2290, Benefits of e-filing Form 2290, Best Form 2290 service provider, Form 2290 2022-23

What is Form 2290?

Form 2290 is an IRS tax form for the Heavy Vehicle Use Tax (HVUT). This tax needs to be filed by drivers of vehicles weighing 55,000 pounds or more. If a qualifying vehicle drives less than 5,000 miles a year, or less than 7,500 miles a year if the vehicle is used for agricultural purposes, IRS Form 2290 must still be filed for this vehicle. In this case, the vehicle is considered suspended by the IRS. When it is considered suspended, no tax will be owed to the IRS for this vehicle. If a qualifying vehicle is not suspended the tax amount owed will depend on the vehicle’s Taxable Gross Weight and the vehicle’s First Used Month (FUM). Filing Form 2290 guarantees that the driver will receive a Stamped Schedule 1, which is required when getting the vehicle’s registration and tags. 

When is the Form 2290 Due?

When Form 2290 is due depends on the vehicle’s First Used Month, especially if the vehicle has been on the road for less than a year. In this case, the payment for the Heavy Vehicle Use Tax will be due on the last day of the following month. For example, if you put your vehicle on the road in September, you should file your Form 2290 in September but you will have until the last day of October to pay the Heavy Vehicle Use Tax to the IRS. 

If the vehicle has been on the road for more than a year or is being put on the road for the first time in July, the vehicle’s First Used Month will be July. This means that the deadline to pay the Heavy Vehicle Use Tax to the IRS will be August 31st. The Heavy Vehicle Use Tax is always paid for the upcoming tax year. The tax year for Form 2290 goes from July 1st to June 30th. This means that the Form 2290 due date 2022 is August 31st, 2022 for the 2022-23 tax year.

What Information is Required to E-file Form 2290?

When going to file the 2290 Form, the IRS recommends that it is filed online through an authorized e-filer. This is because if you paper file with the IRS, it will take several weeks before you get your Stamped Schedule 1.

Instead of spending a lot of time finding a place to e-file your Form 2290 online, look no further than ExpressTruckTax, the market-leading Form 2290 e-file provider. When filing Form 2290 online with ExpressTruckTax, there is some information that you will need in order to file the form correctly. 

You will need to know your business name, the type of business it is, and the Employer Identification Number (EIN). You will also need to know information about the vehicle or vehicles you are filing for. You will need to know the type of vehicle, the vehicle’s Taxable Gross Weight or weight class it falls under, and whether or not it is used for logging. You will also be asked if this vehicle is suspended or not. 

Paying your HVUT to the IRS

Once you enter this information, you will be asked to enter any credit vehicles that you may have. This means any vehicles that were sold, destroyed, stolen, or did not exceed the mileage limit the previous year. You will then be asked to select your payment method. 

There are four payment options to choose from. These payment methods include credit or debit card, electronic funds withdrawal (EFW), EFTPS, or check or money order. When you use a credit or debit card you are able to either make your payment on the ExpressTruckTax website or go to another IRS-authorized payment processor to make your payment. 

When you select to pay with a credit or debit card, you now have the option to pay straight through ExpressTruckTax. You also have the option to choose another IRS-approved payment processor, but this requires extra steps such as entering a lot of your information a second time. For this payment method, all you have to do is enter in your credit card information and you will pay your tax amount plus your filing fee along with a 4% processing fee. Once this is complete your tax will be paid.

Another option you are able to choose from is electronic funds withdrawal (EFW). For this option, you will be required to enter your checking or savings account information and your tax amount will be withdrawn from your account within a couple of days of the IRS accepting your Form 2290. 

If you select EFTPS as your payment method, you will need to go to EFTPS.gov and make your payment there. In order to utilize this payment method, you will either need an existing account with EFTPS or create one. Please note that it may take up to 15 business days for your account to become active. 

Lastly, you are able to send in your payment via check or money order. You will receive a voucher with the information on where to send your payment to. Include this voucher with your payment when you mail it in. With this option, you are able to send in the payment at your convenience as long as it is postmarked before or by August 31st.

Once you select the payment method your filing is complete. ExpressTruckTax makes it easy to file your Form 2290 as long as you have the information required to file. It only takes a few simple steps and a few minutes to file. What are you waiting for? File your Form 2290 with ExpressTruckTax before the August 31st Form 2290 due date today!

File Your Form 2290 Hassle-Free With ExpressTruckTax

Posted on July 8, 2022 by - Authorized Efile provider for form 2290, Benefits of e-filing Form 2290, Best Form 2290 service provider, e-fiile form 2290

ExpressTruckTax is a leading Form 2290 e-filing solution. The IRS has now started accepting Form 2290 ahead of the Form 2290 due date. This means it is now time to file Form 2290. The stamped Schedule one for the 2021-22 tax year expired as of June 30th. The stamped Schedule 1 is required when you need to get the tags and registration for your vehicle. To prevent you from getting fined if you get pulled over, a copy of your stamped Schedule 1 should be kept in your vehicle. 

What is Form 2290?

Form 2290 for the Heavy Vehicle Use Tax (HVUT) must be filed if a vehicle weighs more than 55,000 pounds. If a vehicle that meets these requirements drives less than 5,000 miles a year or less than 7,500 miles if it is used for agricultural purposes, Form 2290 must still be filed with the IRS but you will be exempt from paying the tax. 

When is the Deadline to File Form 2290?

The Form 2290 deadline is August 31st at midnight, whether your vehicle has been on the road for more than a year or is just being put on the road for the first time this month. Because the deadline is approaching fast, it is better to file sooner because the IRS gets backed up with forms. If you wait too long, it might take longer to receive your stamped Schedule 1.

ExpressTruckTax offers the Form 2290 Solution for You

ExpressTruckTax provides hassle-free Form 2290 e-filing in just a few simple steps and will only take a few minutes so that you can file your Form 2290 quickly and easily ahead of the 2290 due date. Simply enter your business information, details about your vehicle, how you wish to pay your tax, and you are finished once you pay the filing fee. There are several convenient ways to pay for your Form 2290 tax including EFW, check or money order, EFTPS, and credit or debit card. Each of these payment options is designed to meet your needs and preferences so that you can make your Form 2290 tax payment for the HVUT before the Form 2290 deadline. 

When Selecting EFW (electronic funds withdrawal), you will enter your bank account information and as soon as the IRS accepts your Form 2290, it will withdraw the amount. If you select any of the other options you will have to do a few more steps in order to ensure that your HVUT is paid to the IRS. For check or money order, you will receive a voucher that will tell you where to send your payment. For EFTPS, you will go to eftps.gov to make your payment, but if you do not have an account you will need to create one. For credit or debit card payments, you will need to go to the IRS website and select one of their listed credit card processing sites to make sure your tax is paid. Each of these payment options comes with easy-to-follow instructions that will appear upon selection. Make sure to read these instructions carefully before transmitting your form so that you know how to make your payment. It is important that you make your payment for the HVUT so that you can have your tax amount owed paid to the IRS before the Form 2290 due date. Once you E-file Form 2290 you have until August 31st to make your payment to the IRS before the Form 2290 due date. This date might seem far off now but the 2290 deadline is right around the corner and will be here before you know it. 

ExpressTruckTax offers a quick and easy way to file your Form 2290. By doing this you will ensure that you do not file late and risk accruing penalties. These penalties can occur if you are pulled over and are found to not have an up-to-date stamped Schedule 1. You also need to have an updated Form 2290 Schedule 1 to renew your tags or get your vehicle registration. This is also an important reason why you need to file your Form 2290 before the Form 2290 due date. Filing with ExpressTruckTax does not take long at all. All you need to do is answer a few short questions, enter in your business and vehicle details and you are all set once you select your payment method and pay your filing fee. After that, your stamped Schedule 1 should be sent to you in minutes. With the Form 2290 deadline approaching, however, it might take a little longer, however. What are you waiting for? Don’t risk getting fined for being late to file your Form 2290. File your Form 2290 in a matter of minutes with ExpressTruckTax for hassle-free filing!

Everything You Need To Know About Form 2290

Posted on June 13, 2022 by - Authorized Efile provider for form 2290, Benefits of e-filing Form 2290, Best Form 2290 service provider, E-file form 2290

Are you new to the trucking industry? Have you been driving a truck for a while? No matter how long you have been driving a truck, something every truck driver must know about is Form 2290. To better understand the form, you need to know what the form is for and what information the form requires.

What is Form 2290?

If you drive a vehicle that has a Taxable Gross Weight of over 55,000 pounds and drives over 5,000 miles a year, 7,500 miles if the vehicle is used for agricultural purposes, then the 2290 Form must be filed and the Heavy Vehicle Use Tax (HVUT) must be paid. If a vehicle travels less than 5,000 miles in a year or 7,500 miles for agricultural vehicles, it is considered suspended. In this case Form 2290 still needs to be filed, but you will be exempt from paying the HVUT.

What Information is Needed to File Form 2290?

Form 2290 requires several pieces of information to be filled out. The information entered helps determine how much tax is owed for the HVUT.

Business Name and Address

When you fill out Form 2290, it asks you for the name of the business you own or work for as well as the address of that business. The form will also ask you what type of business you work for. If you are unsure of the business type, you can select the “others or not sure” option.

EIN (Employer Identification Number)

Your Employer Identification Number (EIN) is required to fill out Form 2290. The EIN is a unique nine-digit number that is issued to every business owner by the IRS. If you just recently obtained an EIN, it could take up to 15 business days for it to become active and recognized by the IRS.

VIN (Vehicle Identification Number)

A Vehicle Identification Number (VIN) is a 17-digit code unique to each vehicle. Because no two vehicles have the same VIN number, it makes it easier to identify the vehicle. This number can be found on the vehicle’s registration, its title, or on the actual vehicle itself.

Taxable Gross Weight 

The Taxable Gross Weight of a vehicle is determined by adding the total weight of the truck, the trailer, and the maximum load the truck is able to carry. This is used to determine the tax amount that needs to be paid for the HVUT. The higher the Taxable Gross Weight of a vehicle, the higher tax owed. If a vehicle’s Taxable Gross Weight is less than 55,000 pounds, then Form 2290 does not need to be filed for this vehicle.  

First Used Month 

A vehicle’s First Used Month (FUM) is the month that you first put the vehicle on the road. The last day of the following month is when Form 2290 is due for the current tax year. If you first put a truck on the road in October of 2022, the deadline to file the 2022-2023 Form 2290 is November 30th, 2022. In this case, the rate is prorated since you are only filing for part of the tax year. 

The current tax year begins on July 1st, 2022, and ends on June 30th, 2023. If you have had your truck on the road for longer than a year, you will put your first use month as July and will be paying the full tax for the upcoming tax year. 

What’s the easiest way to file Form 2290?

The IRS recommends that you e-file Form 2290 as opposed to paper filing. If you paper-file your Form 2290 it will take much longer for the IRS process. By e-filing your Form 2290 you will receive your stamped Schedule 1 in minutes. The stamped Schedule 1 is needed in order to obtain tags and the registration for your vehicle. 

How do I submit my payment to the IRS?

The IRS accepts multiple payment options in order to pay your HVUT. Regardless of which payment method you choose, the payment must be made by August 31st in order to avoid any late fees. 

Electronic Funds Withdrawal (EFW)

One of the options you have to pay your HVUT is through Electronic Funds Withdrawal (EFW). If you choose this payment method, the tax payment will be withdrawn from your account as soon as your Form 2290 gets accepted. 

Check or Money Order

A Check or Money order is another acceptable form of payment for the HVUT, but you have to make sure that the payment is made before the deadline. 

Electronic Federal Tax Payment System (EFTPS)

Another option that is available to pay your HVUT is through the Electronic Federal Tax Payment System (EFTPS). In order to use this payment method, you must have a or create an account and initiate this payment transfer at www.EFTPS.gov. 

Credit or Debit card

The IRS also allows you to pay your HVUT via Credit or Debit card payments. After you file your Form 2290, you will go to IRS.gov/PayByCard to pay your HVUT with a Credit/Debit card. There will be a convenience fee charged for this service. 

File your Form 2290 Now!

The time to file your Form 2290 for the 2022-2023 year is fast approaching! Once you have all of the information that is required in order to file Form 2290, file online with ExpressTruckTax to save time and money. What are you waiting for? File Form 2290 now and get your stamped Schedule 1 in minutes!

It’s Time to File 2290, So Why E-File?

Posted on August 26, 2013 by - 2013-2013 Form 2290 Tax year Deadline, 2290 customer, Benefits of e-filing Form 2290, discounted price, E-file form 2290, E-filing HVUT 2290 made easy, Form 2290, irs 2290, Spanish Form 2290, VIN Corrections

The tax period for the 2013-2014 tax  year is just over a week away and you are busy preparing so you can file on time.  For years you have filed your 2290 by filling out the Form 2290 and either taking it into the field office or mailing it in.  So why would you want to E-File?

Here are just some of the benefits of E-Filing:

  • IRS requires anyone with 25+ trucks is required to E-File
  • It’s quicker, you can file from the comfort of your own home, no more going to the IRS office and waiting in those long lines!
  • Save on a stamp..saving you money & saving the trees…paperless!
  • Avoid waiting for Stamped Schedule 1, receive your Stamped Schedule 1 within minutes!
  • Customer support, when choosing an E-File provider choose one who offers customer support to assist you if you have any questions
  • Keep track of your tax filing process.  When you use an online service provider, you will have an online record of your previous year filings.  No need to reenter the VIN numbers, they will already be there from the previous year, again saving you time.

Concerned about what happens if you make a mistake? What happens if you type in the wrong VIN and don’t realize it before you submit your return?  Not a problem at all, when you choose a service provider, like ExpressTruckTax.com, who offers FREE Online VIN Corrections. You will be able to correct your VIN free of charge with just a few clicks.  Saving you time and money!

The best way to E-File IRS form 2290 is through ExpressTruckTax – the IRS Approved E-file Provider.

With ExpressTruckTax, you can E-File form 2290 in less than 10 minutes. For more information or 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!

Why E-File Form 2290 With ExpressTruckTax?

Posted on August 8, 2013 by - 2290 customer, Benefits of e-filing Form 2290, discounted price, E-file form 2290, E-filing HVUT 2290 made easy, Form 2290, Form 2290 for 2012, Form 2290 for Tax Professionals, irs 2290, Spanish Form 2290

At ExpressTruckTax encourage you to do your research so you can make an informed decision, when choosing an online service provider for E-Filing your Form 2290.  Sure, we could charge our customers more money for the service we provide, but our main goal at ExpressTruckTax is to provide an easy-to-use service at an affordable price. We focus on superior customer service and strive to surpass our customer’s expectations.

But don’t take it from us, here’s what our customers are saying:

Ease of use:

  • Ease of use, and help in correcting my errors- Melody P, Chinook, MT
  • Wow! That was so simple and to think I’ve been doing this by snail-mail for years!- Judith H, Little Rock, AR
  • Really easy and hassle free- Delia P, Fresno, CA
  • Your system was easy to use—I had no problems at all- Dave, Chillicothe, OH
  • I’m new in truck business and I didn’t know how to fill out forms and pay taxes. This site help me alot.- Carolina P, Atlanta, GA
  • It was easy to navigate throughout the site. The instructions were very clear and concise.- Kathy L, Preston, ID
  • Ease of use, convenience of previous return being available for transfer to new return.-Kim, AZ
  • Extremely easy to process. Especially when you have already used ExpressTruckTax before.-Sandra, CASite very easy to understand and navigate. No hidden “fine print”.-Scott, MA
  • So easy to use – I’m not techy, walking through each step was so easy and the price is just right, thank you.-Cynthia, CT

Price

  • The step-by-step instructions made this site very user friendly for a first time filer like myself. I also appreciate the small fee since I only have one truck.- Betty P, WallaWalla, WA
  • Low price, easy, and fast- Neil C, Rensselaer, IN
  • Application was very easy to use and the payment options were amazing. Thanks much- Ginger M, Brookfield, WI

Timing and Accuracy of Program

  • This was an excellent and fast way to process my 2290.- Sandra P, Montgomery, AL
  • Ease of use, and help in correcting my errors- Melody P, Chinook, MT
  • I love not having to go stand in line at the IRS I tried another site and it was so confusing. I would add a truck and it would not show up on my list of vehicles. This was so simple I got my document within 2 minutes.- Anna C, Camarillo, CA
  • Pretty easy to navigate and I like the ability to back up if you make a mistake.- Keith H, Starkweather, ND
  • The straight forward ease of entering required information needed to get the form correctly filled out- Clark L, Lehi, UT
  • Low price, easy, and fast- Neil C, Rensselaer, IN
  • Speed of processing, not having to wait at the local IRS office for your “number” to come up, or weeks for the IRS to return the stamped 2290.- Clark L, Lehi, UT

From the Tax Professional with Multiple Customers

  • I liked that I could add different companies and still use the same email. I have tried other sites and was unable to do this. As a permit service this is invaluable- Cindy, Muskego, WI
  • I love having the ability to enter additional e-mail addresses or leasing company info. to send Stamped Schedule 1s to and how simply the site walks me through each step along with the bulk upload features.-Jennifer, AL

Customer Service

  • It was easy to follow and I had no trouble. I tried another service and had been trying for two days and still got no where. Thank you for making my life easier. Cathy- Catherine R, Hixton, WI
  • I CALLED YOUR OFFICE FIRST AND THE PERSON THAT ANSWERED THE PHONE WAS VERY HELPFUL AND MADE THE WHOLE PROCESS LESS TAXING.- sharon K, Omaha, NE
  • Easy to follow & understand instructions. Super to have quick phone response without lengthy automated menu. Up-front pricing clearly stated. Excellent.- Mary S, Dallas, TX
  • It was very self explanatory for each page. I called for assistance the call was answered by a real helpful person after the first ring, Very impressive- Stephen G, Aztec, NM
  • It was nice to be able to call the office and to speak to someone right away who was able to answer all of our questions and explain themselves easily. There were no long waits or machines telling you to press a million buttons before getting to a real person. Also everyone who we spoke to was very nice and had a good attitude throughout the whole conversation.- Shawna H, Saint Augustine, FL
  • You have a top notch site, a pleasure to visit and do business with such knowledgeable support- Stephen G, Aztec, NM
  • VERY GOOD STEP BY STEP DIRECTIONS AND IF YOU HAVE ANY QUESTIONS JUST DIAL THE NUMBER AND JAMES GIVES GREAT SERVICES TO HELP YOU THANK YOU VERY MUCH AND WILL GIVE THIS SERVICE TO EVERYONE I KNOW IT’S THE BEST !!!- Robert L, Warner Robins, GA

But again, don’t take our word for it, or even our customer’s, take the time to do your own research to determine which provider will give you the best service at the best price.  And if you have questions or inquiries, 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!

Benefits of E-Filing HVUT Form 2290 for Tax Professionals

Posted on July 19, 2012 by - 2290 customer, Benefits of e-filing Form 2290, disconted price, E-file form 2290, E-filing HVUT 2290 made easy, Form 2290, Form 2290 for 2012, Form 2290 for Tax Professionals, irs 2290

Tax professionals are the answer to many in the trucking industry when it comes to filing Form 2290 for Heavy Vehicle Use Taxes. E-Filing Form 2290 has many benefits for the Tax Professional who has hundreds of clients.  Here are a few:

  • It’s quick and easy, you can e-file and receive the Schedule 1 within minutes
  • Tax Professionals qualify for discounted pricing
  • Single log in to manage all of your clients
  • Save on a stamp…Saving you money & saving the trees…paperless!
  • Avoid waiting for Stamped Schedule 1; receive your Stamped Schedule 1 within minutes!
  • Dedicated Account Manager-customer support to assist you if you have any questions
  • Keep track of your client’s tax filing history.  When you use an online service provider, you will have an online record of your previous year’s filings. No need to reenter the VIN numbers, they will already be there from the previous year, again saving you time.

Contact us today to get your account set up with ExpressTruckTax.com.

Our Users Love Us!

We know our program is the leader in the E-Filing Industry; and it makes us proud to hear it from our users.
  • You have made completing the 2290 so incredibly fast and easy I no longer dread it as I have for so many years! Thank you!!!
  • You have been a blessing, saving me from waiting in long lines.
  • This application is one of the easiest to use and understand that I’ve ever experienced.
  • Everything is so simple and so easy to understand. One of the most user-friendly sites I’ve ever encountered.
  • Site is very easy to understand and navigate. No hidden “fine print”

Our US based Customer Support Team at ExpressTruckTax.com is friendly and helpful, but don’t take it from us, check out what our users are saying:
  • Your “live chat” feature was very quick, very informative and once again, very easy to use. Great job!
  • It’s nice to have an actual person to call for support. Thanks EspressTruckTax!

Check us out at ExpressTruckTax.com, we are here to help. Please feel Free to call our Truck Tax Customer support team at 704-234-6005 or you can email us at support@expresstrucktax.com.