HVUT Form 2290 claims and credits dealing with IRS

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HVUT or Heavy Vehicle Used Tax is paid once in a year by calculating the miles and the weight you are carrying in your truck. There are situations like theft, stolen or destroyed; you can claim your tax amount from IRS through certain forms which are mentioned below in detail.

Following are the reasons and methods of claiming a refund:

Credit for sold Truck

In your previous years, you had to pay $550 tax for the whole year and if in the meantime you sold your truck in the same year, you would get nothing back. You would provide the form to the person you sold the truck and he does not require filing his turn for the year as you have filed it already. However, once you pay, your money is gone.

As the time passed by, the rules changed. If you sell for your truck, you can apply for a credit you paid out for the year. This rule is also applied when trucks were destroyed in a wreck or stolen. This policy was in effect for the tax period of July-1 2006.

If you want a refund on your payment to IRS, you need to be alert and apply it before June 30, of the current taxation year. IRS is certainly not going to remind you about your refund so, don’t forget to file. You need IRS Form 8849 (IRS Form 8849) and 8849 Schedule 6 (IRS Form 8849 Schedule 6) to claim a credit.

If you are looking out for more information, then call our customer support center @ 1-866-245-3918 or email to support@taxexcise.com

Claim from IRS:

As HVUT is a pre-paid filing, we just assume about the mileage and weight we would be carrying the whole year. If your vehicle does not cross expected mileage i.e. 5000 miles for commercial vehicles and 7500 miles for agricultural vehicles, you can claim a refund using form 8849 schedule-6

Reporting form 2290:


Other claims, you also need to remember that form 2290 Heavy Vehicle Use Tax (HVUT) Returns is due the next month after the truck is put in service. For instance, if your vehicle is put on road in July 2013, the taxation year is due by August 31st 2013 is the last date for filing your return to IRS. However, this year, August 31st is falling on a weekend, so all the tax payers get two days grace period to e-file their return on or before the September 2nd. Also, the tax is pro-rated for trucks that are not in service for the full tax period. If you want to know more details about the same, check on 2290 instructions. The tax payment cannot be done partially, so tax payers get your full returned file and on time just to walk ahead of penalties and interest. 

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