Category Archives: Heavy Vehicle Use Tax

IRS recent updates on HVUT form 2290 Truck Tax !!

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Updated as of September 16, 2011

Congress has passed and the President has signed an extension of the Heavy Highway Vehicle Use tax through September 30, 2012. By November 30th, 2011, taxpayers will be required to file Form 2290 for the full year on vehicles first used in July, August or September 2011. Form 2290 will be available after September 30, 2011. In the meantime, you can still pay your 2010 excise tax, get your 2011 tags and register your new or used vehicle. Continue reading →

Form 2290 Heavy Highway Vehicle Use Tax (HVUT) COMMUNICATION on 2011 – 2012 filingsFrom IRS!!

Form 2290 Heavy Highway Vehicle Use Tax (HVUT) status update

Background:

Section 4481 of the Internal Revenue Code imposes an annual tax on the use of heavy highway vehicles. This annual tax is reported on Form 2290. Under current law the tax expires after September 30, 2011. The Form 2290 for the taxable period July 1, 2011 has not been published. Continue reading →

Get ready on your HVUT filing for period July2011 – June 2012!!

File 2290 tax online

Heavy Vehicle Use Tax season is just around the corner. The tax period starts on 1st July 2010. Hope you are aware that IRS has mandated e-filing for taxpayers with 25 or more vehicles with registered gross weight of 55,000 lbs or more, but always encouraged everyone to do e-filing.

www.Tax2290.com has simplified e-filing process and provides many unique features to serve you better. You can try free at www.tax2290.com. If you are satisfied, you can submit it online. Continue reading →

IRS Form 2290 Amendments can be done online!!!

Highway Vehicle Use Tax form 2290 can be reported electronically thorough www.tax2290.com, and IRS stamped Schedule-1 copy can be received in minutes. Through TEXT Alert, you could know the status of your truck Tax return. Enroll to Receive Schedul-1 copy by FAX. No need for you to look for a printer, to print your return to take it to a DMV to register your truck. The IRS stamped copy with IRS efile watermark is accepted across all DMV’s in the states. 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 →