Tag Archives: Report Form 2290 Pro-rated

Last Call! The Deadline to Report Form 2290 Pro-rated Tax Reports for February Used Trucks is Here!

Hello, truckers! We call out all truckers with pending Form 2290 tax responsibilities for their February used trucks. Your pro-rated HVUT returns for heavy vehicles or trucks that are newly purchased or first used are due on March 31, 2025. Since the deadline is not so far, you must report your Form 2290 HVUT returns for your February used trucks and get the Schedule 1 receipt before the time runs out to smoothly operate your trucks on public highways. To report your pro-rated HVUT returns, you don’t have to report or pay for the entire tax period. You have to estimate your tax returns on a pro-rated basis based on the vehicle’s first used month until the end of the ongoing tax period. The last date to report your pro-rated tax or partial period tax returns is the end of the following month of the heavy vehicle’s first used month. Therefore, in this case, you have to estimate your pro-rated 2290 returns from February to June 2025 and report the taxes on or before March 31, 2025. So, truckers with February used trucks must report Form 2290 on a pro-rated basis and get the IRS Schedule 1 Receipt before the deadline to ensure 100% tax compliance.

Continue reading