Time to renew 2290 Heavy Vehicle Use Tax returns for 2019 - 20 Tax Year
IRS Tax Form 2290
and Schedule 1 for the tax period beginning on July 1, 2019, and ending on June
30, 2020, must be filed now. If a taxable highway motor vehicle is first use (in
July) during the period and the vehicle has a taxable gross weight of 55,000
pounds or more then tax 2290 must be filed by August 31. This year as the usual deadline falls on a weekend the next business day, September 3, 2019 is the due date.
Anyone who owns and
operates heavy motor vehicle with the taxable gross weight and expected to
drive 5,000 miles (7,500 miles for Agriculture Use) must report and pay tax
2290. You may be an individual, limited liability company (LLC), corporation,
partnership, or any other type of organization (including nonprofit,
charitable, educational, etc.) Form 2290 must be filed for the month the
taxable vehicle is first used on public highways during the current period.
Tax2290.com the best
electronic filing website that takes extra care in preparing and reporting 2290
HVUT returns with IRS. Ms. Megan Klatt, from Oklahoma was new to e-file and she
quoted as “For my first time filing the 2290 your website was easy to understand
and very easy to use. Thank you, I was nervous, you kept me quite and I'm
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Getting Start with 2290
E-file for 2019 – 2020
To complete Form 2290, have the following information ready
before you start preparing the tax return;
·
Your employer identification number (EIN). You must have an EIN or FEIN to file
Form 2290 online. You can’t use your social security number. Enter the correct
EIN that was assigned to your Business at the time of registration by the IRS.
If you don’t have an EIN, apply for one online at IRS.gov website.
·
The vehicle identification number (VIN)
of each vehicle. The VIN of your vehicle can be obtained from the registration,
title, or actual vehicle. Generally, the VIN is 17 characters made up of
numbers and letters. Be sure to use the VIN for the vehicle and not from the
trailer.
·
The taxable gross weight of each
vehicle to determine its category between A – V and W category for Suspended
vehicles.
When you have the
details, start with your 2290
online at Tax2290.com, complete it in less than 10 to 20 minutes. Pay the
nominal e-file service fee and transmit it to the IRS for processing. Your IRS stamped
schedule-1 proof will be shared with you instantly once IRS accepts your
return, the same will also be emailed to your inbox (to your registered email
address that you have entered).
How to Pay the Tax 2290 on Vehicles?
There are three
methods to pay the tax.
·
Electronic funds
withdrawal (direct debit) if filing electronically.
·
Electronic Federal Tax Payment System (EFTPS).
· Credit or Debit Card Payment
·
Check or money
order using the payment voucher.
You must pay the
tax in full with your IRS Tax Form2290. No partial payments are allowed by the IRS.