2290 Filing Instructions Step-by-Step for Truckers

2290 instructions

The deadline for filing the 2290 HVUT tax returns is arriving fast. The paperwork could be confusing, especially at the last moment. Even for e-filing the tax returns with an authorized service provider, it is mandatory to gather all the relevant details and file the returns on time. Here are the step-by-step 2290 filing instructions to prevent rejection of the tax Form. 

Filing Form 2290 – Step by Step Instructions for Truckers

If truckers own and operate a vehicle with a gross weight of 55,000 lbs. or more, they should file Form 2290. Gross weight refers to the weight of the truck, and its body. It also includes the accessories that are a part of its haul. IRS mandates truckers to e-file the tax returns if they are reporting 25 vehicles or more. For others, e-filing is beneficial as it helps in easy corrections and approval. Tax2efile is a credible e-filing service provider with IRS approval. Filing Form 2290 with IRS is easy and hassle-free. The step-by-step filing process is as follows,

Step 1: Create a free Tax2efile account on the website, using the email address.

Step 2: Click the Start New button and enter all the information about the trucking business. 

  • Employer Identification Number. Truckers can apply for EIN immediately if they do not have one. IRS will take two weeks to update the EIN in its system
  • Vehicle Identification Number
  • Taxable Gross Weight.

Step 3: Enter the tax year you are filing the returns. For renewing the 2290 Form for the tax year, the FUM should be July, of the current year.

Step 4: Enter all the rig’s information. This includes the vehicle identification number and the taxable gross weight of the truck. Truckers should specify if they use this vehicle for logging and agricultural purposes. This step is important, as it decides if you will get a tax credit or be exempt from tax altogether.

Step 5: The Tax2efile tax calculator will automatically calculate the tax amount based on the information given. Taxpayers can choose how they wish to pay their taxes. The portal offers three main options to make the tax payments, Electronic funds withdrawal or direct debit, EFTPS, or check/money orders. 

Step 6: Tax2efile will review all the information submitted by the truck owners and ensures that the Form doesn’t have any errors. It generally double-checks the VIN. Corrections in VIN are one of the common reasons for HVUT rejection.

Step 7: Tax2efile online portal will transfer the tax Forms directly to the IRS. Taxpayers will get the proof of HVUT payment in a matter of minutes. The Stamped Schedule 1 copy is the proof of the HVUT tax payments. Truckers can use this proof to renew their tags and registration. 

Finally, When you e-file Form 2290 with Tax2efile, you will Schedule 1 with a digital watermark stamp in your mail in minutes. The portal allows the taxpayers to add multiple trucks at no additional cost. The customer support team support is also available round the clock to aid with the tax filing process.