Hello there truckers, Over this article we are going to
discuss about the near –term HVUT Form 2290 deadline for vehicles that are into
service since February 2019. The Federal law states that the Form 2290 must be
filed by the last day of the month following the month of its first use. On
that basis, March 31, 2019 happens to be the deadline for vehicles first used
in February 2019.
Now before you are
going to e-file your pro-rated Form 2290, you need to figure out whether your
Truck is Taxable or Suspended. Basically there are 2 types of vehicles reported
in the Form2290 as follows:
Taxable vehicle: If your truck would
exceed 5000 miles for the Period beginning Feb 1st, 2019 through
June 30th, 2019 then your truck is classified to be a Taxable
vehicle, for which you are required to make a pro-rated tax due amount to the
IRS for the above mentioned period. The tax amount varies among the gross
weight of the vehicle.
Suspended vehicle: If your truck is
expected to be used under 5000 miles for the Period beginning Feb 1st,
2019 through June 30th, 2019, then your truck is classified to be a
Suspended vehicle, in other word an Exempt vehicle for which you’re not
required to make any tax payment however, you need to report the vehicle over a
Form 2290 under Suspended Vehicle to claim an exemption for the reported
period.
Calculate the Taxable Gross Weight of your vehicle:
When we talk about the taxable gross weight, it includes the
weight of the Tractor+ Trailer+ the maximum Load carried. Then enter the maximum
carrying weight of the vehicle on our application during your E-Filing process
so our inbuilt tax calculator would do the computation part by itself on your
behalf.
Economically E-File your HVUT Form 2290 via www.truckdues.com and receive the IRS
digital watermarked copy of Schedule 1 back in your e-mail instantly. Reach us
back for any further assistance over the following mediums:
Phone: (347) 515-2290 [Monday
through Friday, 9 A.M to 5 P.M, Central Standard Time]
E-mail: support@truckdues.com
Live chat with our tax representatives.
Have a Good One! See you over the next article.