If a taxable vehicle is registered in the name of both the owner and another person, the owner is liable for the tax. This rule also applies to dual registration of a leased vehicle.
Dealers
Any vehicle operated under a dealer’s tag, license, or permit is considered registered in the name of the dealer. Continue reading
Putting your Truck Sales for Sales?
If you sell a heavy vehicle while under suspension, a statement must be given to the buyer and must show the seller’s name, address, and EIN; VIN; date of the sale; odometer reading at the beginning of the period; odometer reading at the time of sale; and the buyer’s name, address, and EIN. The buyer must attach this statement to Form 2290 and file the return by the last day of the month following the month the vehicle was purchased.
If, after the sale, the use of the vehicle exceeds the mileage use limit (including the highway mileage recorded on the vehicle by the former owner) for the period, and the former owner has provided the required statement, the new owner is liable for the tax on the vehicle. If the former owner has not furnished the required statement to the new owner, the former owner is also liable for the tax for that period.
Form 2290 – Heavy Vehicle Use Tax has to be reported and if you have not filed for this TaxYear 2010 – 2011, no more waiting efile today from anywhere, anytime at www.Tax2290.com and get your IRS stamped Schedule 1 copy in minutes.
Efile HVUT Form 2290 along with 2290 Amendments for VIN Corrections / Mileage Limit Exceeds / Gross Weight Increased and Sold / Low mileage Claims at one place www.Tax2290.com / www.TaxExcise.com
Get your IRS stamped Schedule 1 copy by FAX: Continue reading
Except for some exceptions, all heavy highway vehicles with a gross weight of 55,000 lbs. and more and using the public highways need to pay the tax as per the Federal Heavy Vehicle Use Tax regulations. So it becomes mandatory for heavy highway vehicles users to file Form 2290. This article deals about the consequences that need to be faced if you don’t file Form 2290for a taxable heavy highway vehicle.
Do amendments online
Tax form 2290 can now be filed electronically, likewise amendments to 2290 can also be filed electronically with www.Tax2290.com / www.TaxExcise.com
Wrong VIN Number
In case you reported a wrong VIN number by mistake, a 2290 tax amendment filing becomes mandatory. Now it is possible to efile amendments for VIN Correction with www.Tax2290.com
Gross Weight Exceeded
In case the gross weight of the heavy vehicle increased from reported 2290, then the tax amendment form filing is required. Now it is possible to efile amendments for increase in gross weight with www.Tax2290.com
Mileage Limit Exceeded
A tax amendment filing is required also in case the heavy highway vehicle mileage limit has exceeded the normal limit. Now it is possible to efile amendments for increase in mileage with www.Tax2290.com
Tax payers need to file a tax amendment to rectify changes or include additional tax information to an e-filed or filed tax return accepted by the IRS. Get more help by calling Customer Support at 1-866-245-3918 or simply write your queries to support@taxexcise.com