Form 2290 must be filed by the last day of the month following the month of first use.
For example, if you purchase and first use a vehicle in January, you must file a Form 2290
by the end of February.
Annual renewal of your Form 2290 for a new tax period must be completed by August
A Form 2290 can be filed at any time after the deadline has passed but the
tax due may be subject to penalties and interest. The penalty for failing to file
IRS Form 2290 in a timely manner is equal to 4.5 percent of the total tax due, assessed
on a monthly basis up to five months. Late filers not making an HVUT (Form 2290) payment
also face an additional monthly penalty equal to 0.5 percent of total tax due. Additional
interest charges of 0.54 percent per month accrue as well.
Absolutely! If you paid
(Form 2290) taxes last year on a vehicle that traveled 5000 miles or less
(7500 miles for agricultural vehicles) then you qualify for a refund of the taxes
paid. You may either file a Form 8849 to apply for the refund or apply the earned tax
credit directly to the current year tax due. Whichever method you choose, you can
do it directly from our system.
Yes. The IRS requires taxpayers to use an EIN when filing a Form 2290. A Social Security Number may not be used.
If you do not have an EIN, you may apply for one online at www.irs.gov/businesses/small or by phone at 1-800-829-4933.
Once you have submitted your Form 2290, the IRS will stamp your Schedule 1 as proof of payment.
When E-Filing, the IRS will apply a digital watermark to your Form 2290 Schedule 1. This digitally “stamped” Schedule 1 serves as your HVUT proof of payment.
Absolutely! Your information is stored securely in our database and can be access
at any time. Renewing your Form 2290 next year takes only minutes because all of your
business and vehicle information is already complete.
No. Your tax liability is determined by your first use month during the tax period.
If you begin using your vehicle during any month other than July you are liable
for a prorated tax amount during that tax period. Our system will automatically
calculate your tax based on your vehicle weight and first use month.
or HVUT are determined by the taxable gross weight and first use month
of the vehicle. Vehicles used for logging are subject to lower taxes. Our system
can quickly and accurately calculate your form 2290 taxes before you have to pay.
No. The IRS does not permit the use of Social Security Numbers in place of an EIN to
File Form 2290 or Form 8849. If you do not have an EIN, you may apply for one online
or by phone at 1-800-829-4933.
Generally, states will require verification of payment of the HVUT for any
before they will register the vehicle. For some states, no proof
of payment is required for a newly purchased vehicle, if you present to the state a
copy of the bill of sale showing that the vehicle was purchased within the last 60 days.
Occasionally, the IRS may reject a return for various reasons. If your return is
rejected, our system will list the specific reason for rejection and provide and
clearly display how the error can be fixed. Once fixed, you may retransmit your
return for no additional charge.
Yes, we really can get your Schedule 1 in minutes. From the moment you transmit your
return through our application, it typically takes less than 5 minutes for the IRS to
return your stamped Schedule 1.
Please note, the IRS will not process your return on weekends or Federal holidays
if you have chosen the Electronic Funds Withdrawal (EFW) option for paying your