Who Needs IRS Form 2290?

IRS Form 2290 is known as ‘Heavy Use Vehicle Tax’ that is paid by truckers (owners and operators) that have vehicles that are over 55,000 pounds. This tax allows vehicles to drive on public highways of the United States. Form 2290 has to be filed and the IRS imposes a penalty if not. Luckily, truckers can now submit their IRS Form 2290 online. Submitting a tax form online is always faster and easier.

Filing IRS Form 2290 Receiving Additional Benefits

Online submission completely simplifies filing taxes. Second, no additional forms and paper work are required to be submitted, and the truckers receive their stamped schedule 1 almost immediately. Also, making corrections online is easier when compared to going down to the IRS, giving truckers more time to get on the road. All data is scanned online mitigating the need for any form submissions.

Filing IRS Form 2290 Using The Online Method

IRS 2290 online submission is pretty straightforward, truckers need to:

• Set up an account with a valid VIN number as well as weight of the vehicle and the month of usage.
• Choose an e-file provider who is certified by IRS.
• Figure out your tax amount for HVUT.
• Once figured out, pay using one of the following methods EFTPS, debit/credit card or electronic check.
• Obtain the IRS-approved Schedule 1 stamp as evidence of your payment

Issues to Watch Out for While Filing Form 2290 Electronically

Before filling out Form 2290, truckers must verify their Vehicle Identification Number (VIN) alongside their taxable weight class as all these details affect the filing process. Failure to do this will result in additional complications as well as possible delays. All truckers need to file Form 2290 ahead of the deadline, which is August 31 in order to eliminate the possibility of incurring a fine. A good e-file service can assist in making sure everything is done accurately and remains compliant.

The IRS 2290 submission is the quickest and simplest solution for the truckers to meet the requirements of the HVUT regulations. Through the selection of an IRS authorized e-file provider, along with ensuring all information in the form is accurate, truck owners are assured that they will pay no penalties and quickly get back onto the road. Start your e-filing today and receive your stamped Schedule 1 without all the stress!

Note: For more information, visit IRS website