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Filing the 2290 Tax with Ease

The 2290 form is a heavy highway vehicle use tax return form. This tax is due to the IRS if you are an owner of a public highway vehicle weighing 55,000 pounds or more. The form 2290 due dates are between the fiscal year from July 1st to June 30th. This form may be submitted two different ways, either physically or electronically. This IRS 2290 filing can seem overwhelming and is time consuming, especially for people who are not too familiar with tax forms. There is help available online at low costs for those who wish to safely file it electronically.

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When the Tax is Due?

There are of course, exemptions to the tax form which include any Federal Government related vehicle, American National Red Cross, nonprofit rescue squad, among many others. But any owner of a heavy vehicle over 55,000 pounds must pay the tax. When a suspended vehicle exceeds the mileage use limit of 5,000 miles on public highways, the tax becomes due. The number of owners is irrelevant; the mileage is based off of that period, so it does not matter if the vehicle is sold to a new owner. The mileage stays intact with the vehicle. For agriculture vehicles, the limit is at 7,500 and is defined by whether or not the vehicle is used for farming over half of the time. There are different restrictions and guidelines in this case.

Limits and Payments

To file the 2290, it can be done electronically and physically. Doing it electronically can save you time and you can acquire help with the form from websites such as ETAX2990. Their software makes it easier to fill out the form more accurately. With IRS 2290 filing, it can be a bit of a hassle completing the physical form with waiting in long lines for stamps and then turning it in to mail it. Sending the copy to the address must be done no later than one business day prior to when the tax is due, whether it is the 5,000 mile limit or the due date of June 30th. Both electronic and physical forms require the payment to be made in full using debit, check or money order, or the Electronic Federal Tax Payment System.

The form 2290 due dates, unless laws change, will always be due upon June 30th of the year, the new period starting on July 1st. If a heavy vehicle hits the 5,000 mileage usage limit, then the tax for that particular vehicle is due from the current owner. The 5,000 only applies to being used on public highways and that are not considered agricultural vehicles. The IRS 2290 filing can be made easy if the guidelines are understood, especially if you should choose to file them online where a site like ETAX2990 can help you further. Their rates differ depending upon how many vehicles you own; they are able to aid you even if you own simply one heavy highway vehicle.

What Happens if You Don’t File Form 2290 Tax?

If you are operating trucks on the state road ways then you must be well aware about the federal tax form 2290 which needs to be filed with the IRS. The tax form 2290 is a heavy vehicle use tax and is levied on all vehicles which weigh more than 55,000 pounds and use the public highways.

Why is it So Important to File Federal Tax Form 2290?

All tax receipts collected by the IRS from the form 2290 are forwarded to various public highway maintenance and construction groups which carry out road repairs. As the USA has one of the most elaborate and complex roadways in the world, it requires a lot of looking after; in fact most of the road ways get damaged frequently as hundreds of thousands of vehicles use them every year. Weather activities such as hail, snow and rain can cause them to get damaged which need to be fixed quickly. Heavy vehicles such as trucks in particular leave many dents and breaks in the roads due to their sheer weight which is why the IRS requires all truck owners to file the federal tax form 2290.

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Are There Penalties Implemented for Not Filing Form 2290?

Yes, the government considers any infractions vis-à-vis tax form 2290 as a serious breach and has punitive measures in places in order to prevent them from happening. It is highly advisable that you file your federal tax form 2290 on time every time, failing which can lead to hiked interest rates, adverse effect on your or your business’s credit score, fines and even imprisonment. The following are penalties for late filing of tax form 2290. (more about it here Etax2290.com)

  1. All HVUT payments need to be paid by the 31st of August, failing which an interest of 4.5% is levied on total tax due which is assessed on a monthly basis for up to 5 months.
  2. Additionally, people who do not make their payments on time will also have to pay a 0.5% penalty on a monthly basis.
  3. Certain states also reserve the rights to revoke vehicle registration should the driver be unable to produce proof of filing tax form 2290.
  4. Finally, if you are found using creative means to avoid paying HVUT payments, hefty fines may be implemented, and in some cases you may even be incarcerated.

As you can see, it is not a good idea to default on filing your federal tax form 2290. With that said, you should know that there is an easier way to file your HVUT tax without needing to fill out extensive paper works or even waiting for days on end. The tax can be filed online using special software which is far easier, painless and quicker than traditional methods. The IRS’s EFTPS (Electronic Federal Tax Payment System) allows you to complete all your payments online and in a few minutes. Simply fill out your business, personal and vehicle information into the software and send it to the IRS who will return your stamped Schedule 1 in a few minutes of having received your tax info.


Walkthrough of Form 2290 Truck Tax for JULY 2013 – JUNE 2014 For First Time Users of Etax2290.com

The due date for e-filing your 2290 HVUT is August 31st. All registered users must visit http://www.Etax2290.com and click on “returning users” to get started. You will receive your Schedule 1 shortly upon completion

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E-file IRS Form | Federal Tax Forms | HVUT 2290 Form | 1099 Form

Get information on all IRS related tax forms like, form 2290, form 1099, 4868, 990n and more. Get expert advice on efiling your tax through IRS approved e-filing service provider,

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