Category Archives: Tax8849.com

Report Excise Tax Forms [2290, 8849 & 720] online at TaxExcise.com

Excise Tax e-File & Compliance (ETEC) Programs – Form 720, Form 2290 and Form 8849

The Excise Tax e-File project was initiated to satisfy the IRS’ requirement to provide electronic filing of Form 2290,Heavy Highway Vehicle Use Tax Return, as directed in the American Jobs Creation Act (October 2004). Excise Tax e-File & Compliance (ETEC) Programs (Form 720, 2290 and 8849) has joined the ever-growing-number of tax forms and schedules that can be electronically filed, providing taxpayers the speed and reliability that millions of taxpayers and business owners already enjoy. www.TaxExcise.com offers simple, easy and quick website to file all these excise tax form electronically with IRS. Efile, It’s as easy as 1-2-3!!! Continue reading →

Form 8849, Schedule-3 is up for Efiling…

The IRS is offering electronic filing of Form 8849 will satisfy the Congressional mandate to provide filers an electronic option for filing Form 8849, Schedule 3. Schedules 1, 2, 5, 6 and 8, are also available for efiling through www.TaxExcise.com.

How will Form 8849 e-file improve results? Refunds for an electronically filed Form 8849, with Schedule 2, 3 or 8,  will be processed within 20 days of acceptance by the IRS. All other Form 8849 schedules are processed within 45 days of acceptance. Much faster than Paper filing method

Will refunds be sent electronically? Currently, Excise refunds are manually processed and distributed in the form of paper checks.  IRS is working to make an electronic refund option available.

Continue reading →

Tax Credit for Form 2290 Heavy Vehicle Use Tax payers

If you are paying the Heavy Use Tax (IRS Form 2290) and plan to sell your truck during the tax period, you can apply for a credit – meaning you’ll get a pro-rated portion of the tax back.

Sold Truck Credit:

In previous years, you had to pay the $550 tax and if you sold your truck during the tax period, you did not get anything back. You could provide the form to the person you sold the truck to so that they didn’t have to pay the tax in addition to what you already paid. But once you paid the tax, your money was gone. Continue reading →