Category: IRS Form 8849

Everything you need to know about Form 8849

Posted on October 14, 2022 by - 8849, Form 8849, Form 8849 online, IRS 8849, IRS Form 8849

Form 2290 needs to be filed by a driver of a vehicle that weighs 55,000 pounds or more for the Heavy Vehicle Use Tax. There are also some cases where a refund needs to be claimed for the payment of the Heavy Vehicle Use Tax. Typically a Form 8849 is filed if the Heavy Vehicle Use Tax is paid but the vehicle ends up not exceeding 5,000 miles (7,500 miles if the vehicle is used for agricultural purposes) during the tax year. A refund can also be requested if a vehicle is stolen, sold, or destroyed and the tax for the vehicle has already been paid for that tax year. 

In order to file Form 8849 and claim a refund, proof of your vehicle being sold, stolen, or destroyed will be needed. Detailed proof needs to be provided to the IRS stating why exactly a refund for the tax paid on your vehicle. What can be provided is not limited to a bill of sale, insurance claim form, police report, or pictures. 

ExpressTruckTax guarantees the best Form 8849 filing experience for drivers by making it fast and simple. You will select Form 8849 when filing and will be provided with clear instructions for filling out the form. Enter your name, your Employer Identification Number (EIN), and the total refund amount you are requesting. You will need to choose the ending month of your tax year to be December. Once you have the form filled out, click transmit and it will be transmitted to the IRS immediately.

If your Form 2290 was filed through ExpressTruckTax, you will be able to auto-generate Form 8849. This feature will automatically create a Form 8849 for you with all of the information entered from your Form 2290 already on it. This is convenient because you do not have to re-enter any information on it. Using the information provided, the refund amount will be automatically calculated for you. 

After submission, the IRS should notify you within 4-8 weeks whether or not your Form 8849 was approved. It has been known to take longer than that in recent months because they are processed manually. When the IRS does notify you, you will either receive a letter asking you to provide more information and will give you instructions for where to send that information or it will contain an approval along with a check for the refund balance that is owed to you. 

Filing Form 8849 is simple and only takes a few minutes, especially if you filed your Form 2290 with ExpressTruckTax. Your information will already be on the automatically generated Form 8849. Once all of the information is in on the form, transfer the form to the IRS and wait for it to be processed and accepted. It is as easy as that. What are you waiting for? File Form 8849 with ExpressTruckTax and claim your refund on your Form 2290 through Form 8849 today!   

How Does Form 8849 Effect My 2290?

Posted on May 24, 2017 by - 2290, 2290 credit, 2290 Schedule 1, 2290 stamped Schedule 1, 2290 Tax Refund, e-file 2290, E-File Form 8849, E-file HVUT, Form 8849, HVUT, IRS Form 8849, pre-file 2290, pre-file form 2290

Alright, 2290 season is coming, and along with your Heavy Vehicle Use Tax (HVUT) comes a lot of questions and sometimes a little confusion. Sometimes while filing your Form 2290 you might see information about Form 8849, but what’s that? Do you need to be concerned with it? Today we’re here with the 8849 facts to answer your questions.

Form 8849

Form 8849 is the Claim or Refund of Excise Taxes Form. Excise taxes are the taxes paid on goods when they’re purchased and they’re often included in the price. An example of one of these goods is gasoline, hints your IFTA tax. Also, excise taxes include activities, such as highway usage by trucks.

Highway usage?! Now that might ring a bell because if you drive a qualifying vehicle of 55,000 pounds or more then you are required to file Form 2290 in order to get a copy of your stamped Schedule 1. 

After filing your Form 2290 you can File Form 8849 to claim a credit or a refund on the amount of  HVUT paid. Anyone can file this form if they need to claim a refund or a credit.

You can claim credits or refunds for vehicles that were stolen, sold, or destroyed. You can also claim credits for vehicles that were only used for 5,000 miles or less on public highways and 7,500 miles or less for agricultural vehicles used during the tax period.

Just remember, before you can File Form 8849 you need to file your Form 2290 and pay any Heavy Vehicle Taxes owed to the IRS for the current tax season first.

All you need to File Form 8849 is your name, EIN, and address, but it needs to match what the IRS has on file. You can verify your information by calling the IRS directly at 1-800-829-1040.  

If you’ve already filed your 2290 then you should already have your Employee Identification Number, as the IRS requires you to have one to complete your return.

If you haven’t filed your 2290 and you need an EIN you can apply for one online with the IRS. It will take about 15 days for the EIN to become active if the e-filing system and forms may be rejected during that time.

Also, you will need the information for the vehicle that you’re claiming a refund for with details as to why you’re claiming a credit or refund, such as if it was stolen, sold, or destroyed with the date that the incident occurred.

Pre-File With ExpressTruckTax Plus

The faster you pre-file your Form 2290 then the faster you can claim a refund or credit with Form 8849. Call our sister company ExpressTruckTax Plus at 803.386.0320 and they’ll file your Form 2290 for you over the phone. Your return will be transmitted to the IRS on July 1st unless you would like it sent at a later date. The process is as easy as making a simple phone call.

Contact Us

Here at ExpressTruckTax, we want to help you quickly and easily handle all of your truck tax needs, headache free. Please don’t hesitate to contact us with any questions that you may have over the phone Monday – Friday from 8:30 AM to 5:30 PM EST at 704.234.6005. We also offer live chat and 24/7 email support at support@expresstrucktax.com.