Complete HVUT 2290 Compliance for Your Trucking Business

Women Truckers

If you are an owner of a trucking business or if you own a commercial truck, then you should E-file Form 2290 with the IRS once a year. The IRS Form 2290 for HVUT should be filed annually by August 31st for all the trucks on the public highways during the current tax period. The common tax period for highway vehicles starts on July 1st and ends on June 30 of every year.

Form 2290 corresponds to the trucking business and is also known by other terms such as heavy vehicle use tax, highway vehicle tax, truck tax, or HVUT. People in the trucking business can use HVUT Form 2290 for,

    • Paying tax for commercial motor vehicles with a gross weight of 55,000 pounds or more.
    • To report commercial vehicles, that run within 5,000 or 7,500 miles.
    • Claim credits on taxable vehicles, that are sold, destroyed, or stolen. Taxpayers can claim credits on vehicles used 5,000 miles or less.
    • Report correction in VIN.
    • To report changes in taxable gross vehicle weight. 

HVUT Form 2290 Compliance for Trucking Businesses

Anybody who owns a trucking business and operates commercial motor vehicles that weigh 55,000 lbs. or more should file HVUT. The filing date for Form 2290 is the last day of the month, following the month of the first use of the truck in the current tax period. The due date to e-file Form 2290 is 31st August. 

The best way to file Form 2290 is to e-file the tax returns, through an IRS-authorized service provider. When the IRS accepts the tax returns, taxpayers can get their stamped Schedule 1 copy in their mail-in minutes. 

Taxpayers can pay their 2290 tax dues through debit or credit card to the IRS. Schedule 1 is the copy of the receipt that shows that the truck owners have paid their HVUT taxes due to the IRS. This Form also helps to register the vehicle with the state DMV or lease a trucking company to hire.

E-filing the Form 2290 Online with the IRS

Technological growth has made it easy for the trucking business to file Form 2290 online. E-filing helps to pay the HVUT tax online in a matter of minutes. The 2290 Form is transmitted electronically through an e-filing service provider. Truckers can e-file their HVUT returns through devices such as laptops and mobile phones connected to the internet. IRS has made it mandatory for truck owners filing more than 25 vehicles, to file them online. Paper filing takes a longer time for the IRS to process the returns. 

An e-filing service provider like Tax2efile helps in e-filing the tax returns with the IRS in the least possible time. They also offer pre-filing options and ensure to offer great discounts on the tax amount. It is easy to create an account with Tax2efile using simple details such as name, address, mobile number, etc. The expert customer support team from Tax2efile ensures to offer complete assistance for the e-filing process.