Don’t end up Paying Penalties! HVUT Deadline for January used Trucks Looms on February 29!

Truckers with January used heavy vehicles or trucks, it’s time to mark your calendars! The deadline for filing the pro-rated Form 2290 HVUT is fast approaching, and you’ve got until February 29, 2024, to report Form 2290 on a partial period or pro-rated basis and get the IRS Schedule 1 copy on time. So, act faster now. E-file Form 2290 pro-rated returns on Tax2290.com, and don’t end up paying more than you are supposed to! Tax2290.com provides you with a convenient online space to prepare and calculate your pro-rated tax reports and e-file them directly to the IRS.

Who needs to report Form 2290 partial period taxes this month?

If you recently purchased or first used a taxable heavy vehicle on public highways, you must report and pay Form 2290 HVUT on a pro-rated basis and get the valid Schedule 1 copy. Even though the new tax period is starting in a few months, you must report Form 2290 tax returns for the left-over period of the current tax season.

Why pro-rated truck taxes?

As the IRS doesn’t charge the tax amount for the whole year for unused or new trucks, they will charge Form 2290 only for the time in which the trucks are put in use. Therefore, you must report Form 2290 pro-rated tax reports based on the first used month of the vehicle. You must estimate the pro-rated returns from January to June 2024 and report by the end of February 2024 to stay ahead of the deadline.

Why e-file Form 2290?

IRS made Form 2290 e-filing mandatory if you are reporting the IRS Form 2290 for 25 or more vehicles in your fleet. Apart from this, the IRS advises all truckers to e-file Form 2290 online through an authorized e-filing service provider because it is easy and convenient for the IRS to process tax returns as soon as possible. Once done with Form 2290 processing the IRS will issue the digitally watermarked Schedule 1 receipt.

What if I miss the deadline?

The IRS will charge heavy penalties, late fees and interests on your tax dues if you miss the deadline to submit the 2290 reports on time. With Form 2290 e-filing at Tax2290.com, you never miss the deadline. Even if you choose to e-file Form 2290 at the last minute, your tax returns will be processed at once and you will get the Schedule 1 copy instantly to your registered email address.

How to reach your customer care department?

If you have any queries, please don’t hesitate to contact our customer care team at 1-866-245-3918 (toll-free) or write to us at support@taxexcise.com. They will answer all questions and support you in every way to fulfil all pro-rated Form 2290 e-filing needs.