Category: Claim Form 8849

How to Claim a Tax Refund for Stolen or Destroyed Vehicles with Form 8849

Posted on February 17, 2021 by - Claim Form 8849

No matter how carefully you drive, accidents can still happen. If your truck was recently stolen or destroyed, we want to extend our condolences to you. We understand just how big of a role your truck plays in your business and life.

If you drive under your own authority, your truck is your whole livelihood. Fortunately, in most circumstances, with insurance, stolen or destroyed vehicles are covered. Plus, you can likely recover some amount of HVUT payment for the year with IRS Form 8849. 

What is Form 8849?

The IRS Form 8849 is used to claim a refund for excise taxes. Your Form 2290 HVUT payments are considered excise taxes. There are 2 scenarios in which you can claim a Form 2290 refund.

  1. You paid the full HVUT amount but drove fewer than 5,000 miles (7,500 for agricultural vehicles)
  2. Your vehicle was stolen or destroyed.

The first scenario doesn’t happen too often in our experience. However, if your vehicle was stolen or destroyed recently, you should definitely file Form 8849 to get a Form 2290 refund for whatever you had left on the year.

How to File Form 8849

Before filing your Form 8849, make sure you have proof of your vehicle being stolen or destroyed. This would typically be something like a police report, insurance claim form, or even pictures.

The simplest way to file Form 8849 is to e-file with ExpressTruckTax. With this method, clear Form 8849 instructions will be presented to you as you fill out the return. Plus, your return will be transmitted immediately to the IRS.

If you filed your original Form 2290 with ExpressTruckTax, your information will already be in our system when you go to file your IRS 8849. You simply need to use that vehicle’s details on the new return. 

After submission, the IRS will notify you within 4-12 weeks by mail if your 2290 refund was approved. There are two possible letters you could receive. The first possible letter will ask you for more information and have instructions for where to send that information. The other letter will contain approval and a check with the balance 2290 refund owed back to you.

File Form 8849 today

The whole Form 8849 process will take about 5 minutes to complete with ExpressTruckTax, and you can file from anywhere you find yourself. 

As always, our US-based customer service team will be here to support you every step of the way.

You have a New EIN? You Might Need Form 8849!

Posted on November 10, 2016 by - 8849, claim, Claim Form 8849, EIN, Employer Identification Number, excise tax, limited liability, refund

You have a New EIN? You Might Need Form 8849!
You have a New EIN? You Might Need Form 8849!

So you finally did it – you took the plunge and became an LLC, allowing yourself more business protection and earning yourself a new EIN.

Unfortunately, this leads to many unforeseen complications. For example, how do you go about e-filing your 2290’s for your trucks now? Are you just going to go ahead and file anyway?

Unfortunately, you can’t assume everything will be A-OK – you just fundamentally changed how your business is handled by the IRS, and so you will need to account for this with your trucks.

IRS Form 8849

While some people think it’s best to file wait for the new tax period and file Form 2290 when you change your business status, there is another option. You can also file Form 8849, the Claim for Refund of Excise Taxes.

If you’ve sold a vehicle recently and you had already filed Form 2290 Return, you would need to file Form 8849, Schedule 6 in order to claim your credit.

You also need to use Form 8849 if your vehicle was stolen, destroyed, or if Form 2290 was paid and the vehicle was used 5,000 miles or less on public highways (7,500 or less for agricultural vehicles) during the tax period.

New EIN Complications

So what do you do when you become an LLC, and you all of the sudden realize your trucks are still tied to your old EIN?

Once your business name or EIN has changed, then you need to file a new 2290 form and get a prorated refund for the taxes paid under the previous name or EIN. Just e-file a new Form 2290 for all vehicles under this new name or EIN, then e-file a Form 8849 under the old name or EIN to get some of your original filing back.

A lot of our users don’t realize they have to go through this entire process, which is why we’re here laying this out for you!

How Do You File Form 8849?

If your new EIN requires you to file an 8849, you will need your name and address, making sure it is an accurate match to what the IRS has on file.

You will also need your old EIN number, and any other pertinent business details for your old “business.” Finally, you will need the vehicle information you are claiming a refund for.

If you are filing because the vehicle was sold/stolen/destroyed, you will need the date the event occurred.

How Can You File?

Thankfully, it’s pretty easy to e-file Form 8849 – you just have to sign in to ExpressTruckTax, select Start New Return, and then choose Form 8849 Schedule 6.

Then you just follow the step-by-step process to e-file Form 8849, just like you did with Form 2290.

If you have any questions about e-filing Form 8849, you can contact us at 704.234.6005.

IRS Form 8849-Claim for Refund of Excise Taxes

Posted on August 14, 2012 by - Claim Form 8849, Claim your Tax credit, Credit Form 8849, e-file 2290, Form 2290, Form 8849, irs 2290, IRS 8849, Schedule 6, truck tax 2290

If you sell a vehicle after you have filed your Form 2290 Return, you would need to file Form 8849, Schedule 6 in order to claim your credit.  

You would also use Form 8849 if your vehicle was stolen, destroyed or for any vehicle on which the tax was paid on Form 2290 if the vehicle was used 5,000 miles or less on public highways (7,500 or less for agricultural vehicles) during the tax period (July 1–June 30).

With ExpressTruckTax, filing your Form 8849 is quick and easy. Just create an account or log in if you already have an account and choose the option Form 8849 and follow the steps. We can automatically generate a Form 8849 or even apply a credit directly to any taxes due during the current tax period when using ExpressTruckTax.com.
For more information or to get started today, visit ExpressTruckTax.com. If you have any questions, contact our friendly US based customer support center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.