Category: Truck Tax
Trucking Spotlight
October 31st Deadline for Form 2290 First Used in September 2012
Although the HVUT, or the Heavy Vehicle Use Tax is imposed annually, it is also mandatory for vehicles to file the IRS Form 2290 after the first use month. The typical tax year for heavy vehicles begins on July 1 and ends on June 30.
When a new vehicle is placed in service, the Form 2290 must be filed by the last day of the following month. The tax will be prorated based on the number of months the vehicle will have been used during the tax year. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For example, if a vehicle was used on September 28th, it will be taxed as though it was used the entire month. So vehicles that were placed in service during the month of September will need to file HVUT using the Form 2290 by October 31, and the tax will be based on 10 months, instead of the full year.
With ExpressTruckTax you can E-File and receive your Stamped Schedule 1 within minutes. All you will need to do is enter some basic business information, EIN, VIN and Gross Weight of the Vehicle and then electronically transmit the return to the IRS. If you need assistance or have any questions, please contact us our US based customer support team in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com.
Trucking Spotlight
Trucking Spotlight
Trucking Spotlight
Trucking Spotlight
Trucking Spotlight
– Al Bolton
– Bolton Trucking Inc.
– My Truck is a 1998 Mack RD
– I love my truck. I look forward to going to work everyday just so I could drive my truck. It is awesome!
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