Category Archives: Truck Tax Form 2290

Correct Your VIN Instantly by E-filing an Amendment through Tax2290.com!

MistakeWhen you have Vehicle identification numbers (VIN) of up to 17 characters with mixed numbers and letters, mistakes happen. For example, you type 5 instead of S. Let’s say that you file form 2290 and pay $550 to IRS and get your Schedule 1 you take it to the DMV or the Carrier, and then you realize that the Schedule 1 has the wrong VIN. What do you do?

Thanks to IRS and Tax2290.com, IRS introduced VIN correction using form 2290 in 2009, a couple of years after introducing E-filing for Form 2290. If you make a mistake in VIN, you can send an amended Form 2290 to IRS and get the Schedule 1 corrected. But the bad news was that VIN Correction on Form 2290 can’t be E-filed, it must be printed and mailed in. It took 4-6 weeks to get the corrected Schedule 1 from IRS. All this changed in 2011, when Tax2290.com, working with IRS, started to E-File VIN Corrections and was able to get the corrected Schedule 1 in minutes.  Continue reading

Due Date for Form 2290, an Overview!

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When a new vehicle is put into service, the Form 2290 must be filed by the last day of the following month. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For example, if a vehicle was first used on the road on April 15th, it will be taxed as though it was used the entire month. If you first placed your vehicle on the road anytime in April, you must file your Form 2290 anytime before May 30th, 2017.

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All you need to know about Form 2290 Due-date!

taxesWhen a new vehicle is put into service, the Form 2290 must be filed by the last day of the following month. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For example, if a vehicle was used on February 15th, it will be taxed as though it was used the entire month. If you first placed your vehicle on the road anytime in February, you can file your Form 2290 anytime between now and March 31st, 2016.

The tax will be prorated based on the number of months the vehicle will be used during the tax period. So vehicles that were placed in service during the month of February 2016 has to have a HVUT filed for it using the Form 2290 by March 31, and the tax will be based on 05 months, instead of the full year. For vehicles first used in March, the tax will be based on 4 months and so on. Continue reading

The shortest month, brings your Form 2290 deadline closer!

taxes“As far as Athens is concerned, I also think about all those people who are trying to escape tax all the time. All these people in Greece who are trying to escape tax. – Christine Lagarde. It is not wrong to have a thought to hold on to your hard earned money as long as possible, but one should make sure that they file & pay their taxes on or before the deadline to safeguard themselves from IRS penalties & interests. Continue reading

Tax Form 2290 HVUT deadline, Mid Month Alert!

alert“There is more credit and satisfaction in being a first-rate truck driver than a tenth-rate executive” — B.C. Forbes. Anyone in the Trucking Industry will sure accept to this. Along with credit and satisfaction comes huge responsibility because the loads that they transit are not their property but they take complete ownership of the timely delivery and for the condition of the goods they carry on their heavy rigs.

Not only the goods they transit become their responsibility, but they have to take care of many things other than that as well. First comes the Vehicle itself, they have to maintain their vehicles and it should be in proper shape to hit the high ways. Trucker’s health, they have to be fit and fine to handle the load and the vehicle. Family Of course, which is the reason they work so hard and stay mostly on the road. Continue reading