Hello, truckers! IRS charges form 2290 truck taxes on a pro-rated or partial period basis for the heavy vehicles first used away from the tax period. Truckers with heavy vehicles that are put to use or with newly purchased any other month away from July must pay the heavy highway vehicle use tax on a pro-rated basis to the IRS. These pro-rated taxes are calculated based on the heavy vehicles or trucks’ first used month. Truckers must estimate the taxes, pay them within the deadline and get the IRS-stamped Schedule 1 copy as proof of payment. Without a proper Schedule 1 copy, you cannot operate your trucks on public highways, and you can’t register your newly purchased heavy vehicles.
All taxable heavy vehicles are mandatory for Form 2290 payments.
2290 tax payments are mandatory for all taxable heavy vehicles. Truckers should estimate their truck taxes based on the total gross weight of the heavy vehicles and mileage. The vehicles should have a total gross weight of 55,000 lbs. or more and be estimated to travel more than 5,000 miles (7500 miles for logging vehicles) on public highways. Tax payments are different for each total gross weight category, and truckers must choose the appropriate category in their Form 2290 to report the taxes accurately. The heavy vehicles that don’t belong in the taxable category also need form 2290 tax filing as tax-suspended vehicles. But they are not entitled to tax payments.
Last date is approaching soon!
As the pro-rated form 2290 tax reports for April 2023 used heavy vehicles are due by the end of this month, May 31, 2023. Truckers with April used heavy vehicles must estimate their form 2290 pro-rated tax returns, report them to the IRS, and get the properly stamped schedule 1 copy. IRS made form 2290 e-filing mandatory for all truckers filing truck taxes for 25 or more vehicles. Also, they encourage every trucker to choose the form 2290 e-filing method because it is easy to process, which leads to saving more time and avoiding clerical errors.
E-file form 2290 pro-rated taxes in Tax2290.com now!
Tax2290.com is an IRS-authorized form 2290 HVUT online e-filing service provider with a user-friendly and secure platform to e-file form 2290 electronically. We offer convenient solutions to e-file form 2290 directly to the IRS and instantly get the IRS-approved digitally stamped/watermarked schedule 1 copy. Our services are the quickest, most accurate, and highly economical in every aspect to report and pay your HVUT form 2290 online. You can easily estimate your pro-rated form 2290 truck taxes through our tax calculator based on the vehicle’s first used month and pay your taxes online through IRS online payment gateways. E-filing form 2290 online starts at $29.99 per return. Contact our customer support at +1 (866) 245 – 3918 for further assistance.