Hello, truckers! This message is to remind you that the deadline to report Form 2290 Highway Heavy Vehicle Use Tax (HVUT) returns for your heavy vehicles or trucks first used in December 2024 is approaching soon. The last date to report Form 2290 for December used heavy vehicles is January 31, 2025. Don’t miss this deadline and suffer from IRS actions like penalties, late charges, or interest on your tax dues. E-file Form 2290 HVUT tax returns on Tax2290.com to stay ahead of the deadline and get the IRS Schedule 1 copy immediately.
Pro-rated Taxes are Reported Based on the Truck’s First Used Month.
Generally, the HVUT tax period starts in July each year and ends next June. The current tax period has started from July 2024 and concludes in June 2025. Truckers and trucking taxpayers should estimate Form 2290 HVUT reports for the entire tax period and pay it upfront by the end of August every year to fulfill their truck tax obligations. Then only, they can receive the IRS stamped Schedule 1 copy for their heavy vehicles, which serves as proof of Form 2290 payment. Without this document, truckers can’t be able to operate their heavy vehicles or trucks on public highways. Also, Schedule 1 is a much-needed document for various purposes like insurance, registration, license renewals, and more.
Per the IRS regulations, if you choose to newly purchase or operate a heavy vehicle or truck any month other than the beginning of the tax period (July), you don’t have to report or pay Form 2290 HVUT for the entire tax period. You can only report your taxes for the months you use your heavy vehicles. Therefore, you must estimate Form 2290 tax returns on a pro-rated basis. These pro-rated taxes are calculated from the heavy vehicles first used month till the end of the ongoing tax period. The last date to report pro-rated Form 2290 HVUT is the end of the following month of the truck’s first used month.
For vehicles used in December 2024, you must estimate the pro-rated HVUT returns from December 2024 to June 2025 and file it before January 31, 2025.
Benefits of E-filing Form 2290 with Tax2290.com
Tax2290.com is a user-friendly platform that streamlines the complex process of filing Form 2290 HVUT returns to the IRS. Our platform is an IRS-approved modernized E-filing service provider where you can E-file Form 2290 HVUT returns from the comfort of your home, office, or even on the road. You don’t have to hassle with never-ending paperwork, IRS office visits, or mailing paper forms. All you need is a PC, smartphone, or laptop with a strong internet connection to prepare your truck tax returns and submit them directly to the IRS. Our built-in features help you prepare and calculate your pro-rated tax reports accurately, minimizing the risks of errors, delays, and potential penalties. Once you gather your tax information, you can complete E-filing Form 2290 HVUT returns within a few minutes in a few steps. Upon successful filing, you’ll receive the IRS digitally watermarked Schedule 1 copy directly to your registered email address. You can download, print, and use it as official proof of Form 2290 payment with the concerned authorities and official activities. For more queries regarding Form 2290 pro-rated tax e-filing, please get in touch with our customer support executives at 1 – 866 – 245 – 3918 (toll-free) on all working days from 8 AM to 6 PM or write to us at support@taxexcise.com.