Hello, truckers! If you are waiting to report Form 2290 HVUT returns for your newly purchased or first used heavy vehicle in January 2025, this message is for you. The last to report Form 2290 HVUT returns for January used heavy vehicles or trucks falls on February 28, 2025. So, act now and E-file Form 2290 online at Tax2290.com and get the instant Schedule 1 copy straight to email to ensure compliance. Otherwise, you’ll face IRS actions like penalties, late charges and interest on your pending tax dues. Also, you cannot operate your heavy vehicles without a valid Schedule 1 copy.
Report your Truck Taxes on a Pro-rated or Patrial Period Basis
Generally, Form 2290 HVUT must be reported and paid by the truckers to operate their highway heavy vehicles on public highways. They should report the HVUT returns using the IRS Form 2290 from the beginning of tax season for the entire period. The tax period starts in July every year, and the last date is the end of August. For newly purchased heavy vehicles or trucks used any other months away from July, the IRS charges taxes based on the vehicles’ first used month on a partial period basis. Therefore, truckers reporting Form 2290 HVUT tax returns on a pro-rated or partial period basis should estimate their tax reports from their vehicles’ first used month till the end of the ongoing tax period and report them within the end of the following month of the vehicles’ first used month. For vehicles used in January 2025, you must estimate your Form 2290 HVUT returns from January to June 2025, file your tax returns on or before February 28, 2025, and get a copy of Schedule 1.
Missing the Deadline Causes Unwanted Troubles
Form 2290 HVUT returns are calculated based on the vehicles’ total gross weight and mileage. The heavy vehicles must have a total gross weight of 55,000 pounds or more and be estimated to travel more than 5,000 miles (7500 miles for agricultural vehicles) on public highways to become eligible for Form 2290 taxes. The rest of the heavy vehicles that don’t belong in the taxable category should also report Form 2290 used tax-suspended category and need not pay taxes. All highway heavy vehicles must comply with their tax obligations with the IRS and get the valid IRS stamped/digitally watermarked Schedule 1 copy within the specific deadlines. Else, the IRS is very strict about tax compliance and deadlines. They will charge heavy penalties, late fees, and interest on tax payments.
Don’t wait: E-file Pro-rated Form 2290 HVUT Returns in Tax2290.com Now!
Tax2290.com is an IRS-approved modernized Form 2290 online e-filing service provider. We provide comfortable and convenient solutions for every trucker and trucking taxpayer to fulfil their Form 2290 HVUT reporting needs to the IRS. If you are a trucker looking to report Form 2290 pro-rated taxes for your January used vehicles, don’t wait or hesitate; E-file pro-rated Form 2290 returns on Tax2290.com and get the IRS digitally watermarked Schedule 1 copy instantly to your registered email address. You don’t have to suffer the burden or tension caused by the usual paperwork. Here, everything is swift and automatic. Even if you have any issues or queries while e-filing your 2290 truck taxes, please don’t hesitate to contact our customer care team at 1-866-245-3918 (toll-free) or support@taxexcise.com. They will answer all questions and support you in every way.