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.
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 April 2017 has to have a HVUT filed for it using the Form 2290 by May 30th, and the tax will be based on 03 months, instead of the full year. For vehicles first used in May, the tax will be based on 2 months and so on.
While the deadline is the last day of the following month, you may need to file your Form 2290 before the deadline in order to get or renew your IRP plates. Many states require proof that your 2290 was filed before they will issue or renew your plates.
Tax2290.com allows you to fill out your IRS Form 2290 online and send it to the IRS electronically! This way you can get a stamped schedule 1 in minutes. Tax2290.com is authorized by the IRS to E-File Form 2290. The taxpayer will receive the Schedule 1 via email and fax (if opted) as soon as the IRS processes the form. The form will then be watermarked by the IRS instead of an actual physical stamp. Be sure to get this filed before the deadline to avoid possible IRS penalties.