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 →

Report Excise Tax Forms [2290, 8849 & 720] online at TaxExcise.com

Excise Tax e-File & Compliance (ETEC) Programs – Form 720, Form 2290 and Form 8849

The Excise Tax e-File project was initiated to satisfy the IRS’ requirement to provide electronic filing of Form 2290,Heavy Highway Vehicle Use Tax Return, as directed in the American Jobs Creation Act (October 2004). Excise Tax e-File & Compliance (ETEC) Programs (Form 720, 2290 and 8849) has joined the ever-growing-number of tax forms and schedules that can be electronically filed, providing taxpayers the speed and reliability that millions of taxpayers and business owners already enjoy. www.TaxExcise.com offers simple, easy and quick website to file all these excise tax form electronically with IRS. Efile, It’s as easy as 1-2-3!!! Continue reading →

IRS Form 2290, Schedule 1 copy in minutes. Yes!!!

Schedule 1 copy in minutes:

Heavy Vehicle Use Tax [HVUT] Form 2290 has to be used to report heavy truck tax to the IRS. When reporting tax on a highway motor vehicle using Form 2290, the IRS stamped Schedule-1 copy will be issued as proof for the payment.

By e-filing your IRS Form 2290, you can get your IRS stamped Schedule 1 copy in minutes. Maximum on the same day of filing, this may be case if IRS receives huge volume of returns for processing. Normally it won’t happen; you’ll be getting your IRS stamped Schedule 1 copy in 60 minutes Continue reading →

How to report a 2290 Amendments online?

When reporting an original Form 2290, Heavy Motor Truck Tax with IRS for the tax year, you would have changed some information like VIN, Gross Weight, Mileage Limit then IRS wants you to file amendments to the originally filed form 2290. There are three types of amendments available for form 2290

 

  • Suspended/Exempt Vehicles exceeding the mileage use limit
  • Additional Tax From Increase in Taxable Gross Weight
  • VIN Correction

For a vehicle that will be used within 5,000 miles or less (7,500 miles or less for agricultural vehicles) during the period, it can be reported as a suspended/exempt vehicle from tax liability. Continue reading →

What is Taxable Gross Weight?

Form 2290, Heavy Vehicle Use Tax has to be reported for a vehicle weight 55,000 lbs or more. Depending on the Gross Weight the category of a vehicle will changes.

Taxable Gross Weight:

The taxable gross weight of a vehicle (other than a bus) is the total of:

  • The actual unloaded weight of the vehicle fully equipped for service,
  • The actual unloaded weight of any trailers or semitrailers fully equipped for service customarily used in combination with the vehicle, and
  • The weight of the maximum load customarily carried on the vehicle and on any trailers or semitrailers customarily used in combination with the vehicle.

Actual unloaded weight of a vehicle is the empty (tare) weight of the vehicle.

A trailer or semitrailer is treated as customarily used in connection with a vehicle if the vehicle is equipped to tow the trailer or semitrailer.

Continue reading →