File Form 2290.
You can file your form 2290 highway use tax by directly visiting the IRS office or by e-filing form 2290 through Tax2290.com and instantly getting an IRS schedule 1 copy.
Eligibility to file Form 2290 HVUT.
Your truck should have a total gross weight above 55,000 Lbs. and should cross 5000 miles (7500 for agricultural vehicles) on public highways. You should estimate these criteria and file your form 2290 road tax in advance.
Difference between a commercial vehicle and an agricultural vehicle.
IRS has classified heavy motor vehicles into two categories for highway heavy vehicle use tax form 2290 tax payments. They are commercial vehicles and agricultural vehicles. Commercial vehicles are usual goods carriers like trailers, containers, reefers, and flat-load used for commercial purposes. Agriculture vehicles are heavy motor vehicles used exclusively for farming purposes like transporting logs, seeds, crops, poultry, livestock, etc.
Taxable heavy vehicle.
Any range of motor vehicles that operates on the public highways of the United States with more than 55,000 lbs. of total gross weight and runs more than 5000 miles are considered taxable vehicles. It can be trucks, buses, trailers, etc. And they are eligible to report and pay highway use tax with the IRS.
Tax-suspended vehicle.
If your vehicle doesn’t have a total gross weight of 55,000 lbs. or more and doesn’t operate on public highways for more than 5000 miles, it is termed a tax-suspended vehicle. If you filed and paid form 2290 for your suspended vehicle, you can redeem your credits or get a refund from the IRS.
IRS watermarked Schedule 1.
Schedule 1 copy is the proof of your form 2290 HVUT report and payment issued by the IRS. It will have the IRS stamp watermarked for its authenticity. You can download and print it to use for all legal purposes with the authorities for your trucks.
Prorated form 2290 truck taxes for January used heavy vehicles are due by the end of this month!
Tax2290.com would like to take this opportunity to remind you that form 2290 prorated truck taxes for the heavy vehicles first used on January 2023 are due on February 28, 2023. You must e-file form 2290 HVUT and get the proper schedule 1 copy for your January 2023 used heavy vehicles and trucks within the due date. If not, the IRS will charge penalties, late fees, and interest on your tax dues. E-file form 2290 at Tax2290.com and get the instant schedule 1 copy now! For more queries, please contact our customer support executives at 1 – 866 – 245 – 3918 (toll-free) on all working days from 8 AM to 6 PM or write us at support@taxexcise.com.