Tag: heavy vehicle use tax

Pay Your HVUT Your Way On Your Time

Posted on May 1, 2020 by - IRS 2290 payment

You’ve taken the time to e file, before the start of the 2020 Form 2290 tax season, now you are wondering what comes next. We have worked alongside the IRS for years to ensure you always come out on top. ExpressTruckTax allows you to pay your Heavy Vehicle Use Tax, also known as HVUT 2020, the way you want. It’s your money, so who are we to tell you how to use it?

Payments We Accept

ExpressTruckTax accepts HVUT 2020 payments via credit card, debit card, direct debit, electronic funds withdrawal (EFW), Electronic Federal Tax Payment System – EFTPS online, or by check/money order. Making your IRS 2290 payment is easy with ExpressTruckTax. There are options for your IRS 2290 payment that aren’t offered everywhere, so having us in your corner this year is the correct way to e file 2290.

Direct Debit or Electronic Funds Withdrawal (EFW)

When you use this method you are authorizing the IRS to debit your owed amount from your account. This method requires you to provide your bank account number and routing.

It is important to double-check the account information to avoid possible penalties for late payment. The IRS typically debits accounts within 24-48 hours, so double-check the amount in your account to avoid your payment being declined.

Electronic Federal Tax Payment System (EFTPS) 

ExpressTruckTax clients can pay 2290 online with the Electronic Federal Tax Payment System (EFTPS). EFTPS online is a system of paying federal taxes electronically using the Internet or phone. EFTPS online allows users to schedule payments, in advance. When this method is selected you will automatically be directed to the EFTPS online website. It can take up to 10 business days to create an account, so for those choosing to wait until the last minute this method may not be the best idea.

Check or Money Order

If choosing to make an IRS 2290 payment with a check or money order there is a certain procedure you will have to follow and pay close attention to.    We’ve listed the steps for your HVUT 2020 convenience:

  • Make your check or money order payable to the United States Treasury. Write your name, address, EIN, ‘IRS Form 2290’, and date (as entered in box 3) on your payment.
  • Detach your 2290-V and send it with your payment. If you filed electronically, do not submit your Form 2290 or stamped Schedule 1 with your payment voucher. (*Do not staple your payment voucher, payment, or Form 2290 together.)

Send your payment and the 2290-V voucher to: Internal Revenue Service,
P.O. Box 804525,
Cincinnati, OH 45280-4525

We Got You Covered

Whether you choose to make an online payment for your HVUT 2020 using EFTPS online, pay 2290 with credit card or debit card, go the direct debit route, try the Electronic Funds Withdrawal payment method, or choose the classic check or money order method, ExpressTruckTax has you covered.

When you choose to file your 2020 Heavy Vehicle Use Tax Form, HVUT 2020, before July 1st you make the wisest decision for your time and money. Our goal is to save you money and support you while you do what you love. The half-million clients that file with ExpressTruckTax can tell you just how much we put you and your family’s needs high on our priority list.

Ready to file your 2290?

How To Understand The First Use Month On The Form 2290

Posted on February 26, 2020 by - First Used month

The IRS Form 2290 (otherwise known as the Heavy Vehicle Use Tax or HVUT), like all federal tax forms, can be very confusing to understand and file correctly.

For instance, the yearly Form 2290 filing season begins on July 1, and ends on June 30 and the final deadline to file Form 2290 is August 31.

But if you purchased and started using a new truck at any point this year, the Form 2290 due date for that new truck would be the end of the month after you started using it.

Let’s cover how the HVUT 2290 tax works.

What is the 2290 tax?

The Heavy Vehicle Use Tax (HVUT) helps fund infrastructure maintenance across the United States. 

HVUT 2290 filing is a requirement for all vehicles weighing more than 55,000 pounds that drive 5,000 or more miles a year.

This includes specialized heavy vehicles like big rigs and commercial coaches that put more stress on roadways than regular motor vehicles. 

Trucker using truck for IRS Form 2290 first use month

IRS form 2290 first use month

In the simplest terms, the first use month policy means that if you started using a new truck in January of 2020, your Form 2290 due date would be February 28, 2020. And if you starting using a truck in September, your Form 2290 due date would be October, 31.

Obviously, if you bought a new truck and didn’t actually start using it on public highways, you would not need to file your 2290 yet. You would wait until the end of the month after you actually began using it.

What this means is that your Form 2290 due date will probably be different than that of many other drivers.

But since the 2290 HVUT calendar year runs from July 30 through July 1, many drivers start using their trucks in July and their Form 2290 due date is August, 31.

File your 2290 today!

With ExpressTruckTax, the 2290 filing process is simple, affordable, and you get your Stamped Schedule 1 in minutes!