Form 2290 for the IRS needs to be filed for all people who own trucks that weighs over 55000 pounds and use the US highways for at least 5000 miles per year. The IRS 2290 tax needs to be filed from 1st July every year. The United States of America has one of the most complex highways in the world. The roads are constantly under the pressure of heavy trucks as well as bad weather. These factors lead to a lot of damage and repairs become necessary. The form 2290 exists for this very reason; the tax money is transferred to service contractors who deal with repairs throughout the year. Failing to file the tax only leads to more complications and hefty fines.
Requesting credit from the IRS
You may request a credit from the IRS against your form 2290 that you have filed for the following reasons. For vehicles that were destroyed, sold or stolen before June 1. A credit can be claimed for the tax paid against the next Form 2290. To claim this you need to fill Form 8849 of the IRS. For vehicles that were used for less than 5,000 miles during the taxable period a credit of tax can be paid from the first Form 2290 in the next tax window. A complete refund of money cannot be claimed, all taxes can only be forwarded to the subsequent tax periods. Keep a receipt of the form 8849 with your driver at all times.
A credit cannot be claimed before the end of the Form 2290 tax period. If you are claiming credit in the month of August in 2015, you will have to wait until 1st July 2016 when the next tax window opens to initiate your claim. However, the form must be filled before June 30, 2016 if you have any claims.
Do note that you should file for credit only if you genuinely are eligible to receive credit due to valid reasons. Many people try to bend the laws to evade taxes, and if you are caught you may be held responsible leading to fines or imprisonment or both. File the paperwork properly and keep everything organized.
There are far easier ways to initiate claims against the IRS. One of them is to use the help of online service providers who take care of all IRS 2290 paperwork and ensure all claims for your credit are placed on time. You will not have to worry about forgetting dates or missing any paperwork as these agencies take complete responsibility and you can rest assured that you will get your credit forwarded to the next tax window. Requesting credit from the IRS is a long process and an online service provider saves you from all the hard work and paperwork. Every single procedure can be completed directly at home, saving the time and effort needed to go to the IRS office and standing in a queue for hours just to get your credit claim. E-file Your 2290 Form Now http://www.Etax2290.com