Thursday, August 31, is the 2023-24 Form 2290 deadline. Your return will be due with the IRS by midnight.
That’s not much time, but not to worry. We’ve got a list of everything you need and some great features to help you file your 2290 with ExpressTruckTax on time.
What you will need to file Form 2290?
In order to file your Form 2290, you will need the following information at your disposal:
Employer Identification Number
Business Name
Business Address
Vehicle Identification Number
First Used Month (FUM)
Taxable Gross Weight Category
ExpressTruckTax can simplify the filing process by cutting down on the amount of information you need to recall. Some of our great features that can help you when filing include:
1. Ready Return
If you have filed with us before and you are filing for the same truck, you can auto-populate your 2023-24 Form 2290 with the click of a button using our Ready Return feature.
ExpressTruckTax will use the information saved in your account from last time and use it to fill out your return. All you have to do is review the information and pay the e-filing fee. It’s that easy.
2. Instant Schedule 1
Any and all returns filed through ExpressTruckTax will be transmitted instantly to the IRS. The vast majority of them will be accepted within minutes of transmission, meaning you will get your stamped Schedule 1 back in minutes.
3. Free VIN corrections
Mistakes happen to the best of us – especially when it comes to 17-digit-long VIN numbers. If you accidentally file with the wrong VIN number, you can correct it for free with ExpressTruckTax!
4. US-based Customer support
Our US-based customer support team is working extended hours until the August 31 deadline! They are available when you need them and will answer any and all questions you have to help get you back on the road. Don’t hesitate to call (704) 234-6005.
As a responsible truck owner-operator, it is essential to stay compliant with the IRS regulations by filing your Heavy Vehicle Use Tax (HVUT) Form 2290 accurately and promptly. However, this task can be daunting and time-consuming. Fortunately, with the assistance of ExpressTruckTax, the number one IRS-authorized e-filing solution, the process becomes incredibly efficient. In this blog, we’ll walk you through the streamlined steps to file your Form 2290 quickly and hassle-free with ExpressTruckTax.
Step 1: Register or Log in to your ExpressTruckTax Account
Begin by creating an account with ExpressTruckTax if you’re a first-time client or log in if you already have an existing account. We offer a simple and intuitive registration process, requiring only basic information to set up your account.
Step 2: Choose your Filing Period and Enter Vehicle Information
Select the tax year and the appropriate tax period for which you need to file your Form 2290. Typically, the tax year for Heavy Vehicle Use Tax runs from July 1st to June 30th of the following year. Choose whether you are filing for the current tax year or a previous tax year. You’ll also need to enter the required details about the vehicles you report on Form 2290. You’ll need information like the Vehicle Identification Number (VIN), taxable gross weight, and the first-used month of each vehicle during the tax period.
Step 3: Calculate Your HVUT and Choose Your IRS Payment Method
Once you have entered all the necessary vehicle details, ExpressTruckTax will automatically calculate the Heavy Vehicle Use Tax for each vehicle based on the provided information. We ensure accurate calculations, minimizing the risk of errors and potential IRS penalties. Next, select your preferred payment method to pay the calculated HVUT amount to the IRS. ExpressTruckTax, drivers and fleet managers can simplify the HVUT payment process and streamline their tax compliance responsibilities by choosing to pay the IRS tax due via credit card.
Step 4: Transmit to the IRS
After verifying all the information, review your Form 2290 for accuracy. Once you are confident that everything is correct, transmit your form directly to the IRS using our secure e-filing system. ExpressTruckTax will provide an IRS stamped Schedule 1 as proof of filing your Form 2290, which will be sent to your registered email within minutes.
Step 5: Receive your Stamped Schedule 1
Within minutes of filing your Form 2290, you will receive the IRS stamped Schedule 1 in your email, confirming your successful HVUT filing. You can also access your stamped Schedule 1 anytime by logging into your ExpressTruckTax account.
Filing your annual Form 2290 does not have to be a cumbersome and time-consuming process. With ExpressTruckTax, you can efficiently file your Heavy Vehicle Use Tax, saving both time and effort. The user-friendly platform guides you through each step, ensuring accurate calculations and prompt transmission of your form to the IRS.
Stay compliant and worry-free with ExpressTruckTax, the trusted e-filing solution for truck owners and operators. Get started today and experience the ease of electronic filing with ExpressTruckTax!
Hey everyone, now that the 23-24 tax year has begun, we are getting a lot of questions about how to add another truck to the stamped Schedule 1. So, let’s say that you’ve already filed your 23-24 Form 2290, and you get a new truck or you add a truck to the fleet or whatever the case might be, how do I add that to my stamped Schedule 1 since it’s already been accepted? The answer for this is pretty simple when it comes to filing the Form 2290. You just need to file a new 2290 for that vehicle.
Now, this is not talking if you sold, destroyed, you know, that whole deal where you’re claiming a credit. This is just as if you’re adding a new truck to your fleet. You just file a new 2290, and you choose the first use month that that truck goes on the road.
So let’s say it’s going to go on the road in August, you would choose August just as the first used month, or November or December, whatever month that truck goes on the road. That’s going to get that prorated tax for that vehicle the next year when you file your 2290. You’ll put it together with all of your other trucks in your fleet, and they’ll all be listed on one stamped Schedule 1.
So, adding a truck to your fleet is not difficult. You just start a new 2290 with ExpressTruckTax. You have that one-page option there for e-filing for a single vehicle. Super easy, fill in questions one through six, file the 2290. You get your stamp schedule one back with that vehicle listed there, and then you can get the plates for that new truck.
Now, if you’re talking about adding a credit or claiming the credit, that’s a different process, and I have other videos for that process. But to simply add a truck to your fleet or add a truck to your 2290, you just need to file a new 2290, select the first use month, enter the information for that truck, and you’re good to go.
Truck owners and companies must often add another truck to their Form 2290 filing. Whether you’ve expanded your fleet, acquired a new vehicle, or replaced an existing one, it’s essential to understand how to add a truck to your Form 2290 to ensure compliance with the Heavy Vehicle Use Tax (HVUT) regulations. In this blog post, we will guide you through the steps involved in adding another truck to your Form 2290.
1. Determine the Taxable Period for the New Truck
The FUM or first used month is determined by when you put the new truck on the road. The HVUT tax period typically runs from July 1st to June 30th of the following year. If the new truck is in use or placed on the road anytime during the tax period, you must file Form 2290 for that period.
2. Gather Required Information
Collect all the necessary information for the new truck, including its Vehicle Identification Number (VIN), taxable gross weight, and the date it was first used on public highways. This information is crucial for accurately completing Form 2290 and calculating the applicable tax amount.
3. Create or Login To Your Account with ExpressTruckTax.com
You must start a new Form 2290 andprovide the required information for the new vehicle. Ensure that all information is accurate and current to avoid potential errors or delays in the filing process.
4. Calculate and Pay the Tax
ExpressTruckTax will automatically calculate the tax due using the taxable gross weight and the first used month of the new truck. Verify and choose the IRS payment method that makes the most sense for your business.
5. Obtain Stamped Schedule 1
After the IRS processes your Form 2290 and payment, you will receive a copy of your stamped Schedule 1 as proof of tax filing for this new vehicle.
By following these steps, you can successfully add another truck to your Form 2290 and ensure compliance with HVUT regulations. Remember to keep copies of your filed Form 2290, stamped Schedule 1, and any relevant documentation for your records.
Disclaimer: The information provided in this blog post is for general informational purposes only and should not be considered as legal, tax, or financial advice. For specific guidance related to your individual situation, it is recommended to consult with a professional tax advisor or the IRS directly.
When it comes to heavy vehicle use taxes with the Internal Revenue Service (IRS), one crucial document that truck owners and operators must be familiar with is the stamped Schedule 1.
This document serves as proof of filing the Heavy Vehicle Use Tax (HVUT) and is an essential part of staying compliant with tax regulations. In this blog post, we will dive into the importance of the stamped Schedule 1 and its significance for trucking businesses.
What is a Stamped Schedule 1?
The stamped Schedule 1, also known as IRS Form 2290 Schedule 1, is a document issued by the IRS to confirm that the Heavy Vehicle Use Tax has been filed for a particular business and vehicle. It indicates that the vehicle’s owner has fulfilled their tax obligations for the tax period specified on the document.
The Schedule 1 is stamped by the IRS upon successfully processing Form 2290, which is filed annually by truck owners operating vehicles with a gross weight of 55,000 pounds or more. When you e-file your Form 2290, the stamp is an electronic stamp. Whether you have a red manual stamp or a gray electronic stamp, your IRP office must accept that document.
Why is the Stamped Schedule 1 Important?
The stamped Schedule 1 holds significant importance for several reasons:
Proof of Filing: The stamped Schedule 1 proves that the HVUT has been filed (and paid) for the specified tax period. It acts as a receipt and confirmation that the vehicle owner is in compliance with tax regulations. Many authorities, including state DMVs and law enforcement agencies, may request a copy of the stamped Schedule 1 as evidence of tax payment.
Vehicle Registration and Renewal: The stamped Schedule 1 is required when registering or renewing the registration of a heavy vehicle. DMVs typically ask for this document to ensure that the vehicle’s owner has met their tax obligations. Without a valid stamped Schedule 1, the registration process may be delayed or denied.
Operating Authority: For commercial trucking businesses, obtaining operating authority from agencies like the Federal Motor Carrier Safety Administration (FMCSA) may require a valid stamped Schedule 1 as part of the application process. It demonstrates that the business complies with HVUT requirements and has paid the necessary taxes.
Proof of Compliance: In addition to serving as proof of filing, the stamped Schedule 1 demonstrates a truck owner’s commitment to compliance with tax regulations. It reflects their adherence to their tax obligations and helps build a reputation for reliability and professionalism within the trucking industry.
Obtaining the Stamped Schedule 1
To obtain a stamped Schedule 1, truck owners and fleet managers must first file Form 2290 with the IRS and pay the applicable Heavy Vehicle Use Tax. This can be done electronically through authorized IRS e-file provider like ExpresTruckTax, which offers a convenient and efficient way to file and receive the stamped Schedule 1 in a timely manner.
Electronic filing saves time, eliminates the need for paper forms, and expedites the processing of tax returns. You will receive your stamped Schedule 1 in minutes instead of weeks.
In conclusion, the stamped Schedule 1 is a critical document for truck owners and operators. It serves as proof of filing for the Heavy Vehicle Use Tax and is vital to compliance with tax regulations. Truck owners should ensure that they file Form 2290 and obtain the stamped Schedule 1 promptly to avoid any delays in vehicle registration or operating authority.
Please note that the information provided in this blog post is for general informational purposes only and should not be considered as legal, tax, or financial advice. For specific guidance related to your individual situation, it is recommended to consult with a professional tax advisor or the IRS directly.
Hey, it’s ExpressAmber, and a lot of times we get the question of how much is my Form 2290? How much does it cost? And there’s kind of two answers here. Number one is the tax payment portion of it, and the tax payment is based on your first use month and your gross weight.
So every year, July would be your first use month. If you’re on the road over and over, July is the first use month of the tax year. And if your gross weight is over 75,000 pounds up to 80 or 90, your tax due is going to be $550.
If you go to ExpressTruckTax.com, we have a tax calculator where you can plug in your first use month and your gross weight, which again starts at 55,000 pounds and goes to over 75,000 pounds. So you can plug in whatever your gross weight is.
Your gross weight is your truck, your trailer, and the maximum that you can haul. And so you plug in those two pieces of information, and it calculates how much your tax would be. So that’s a really cool tool for you to figure out what your tax due is going to be.
And then the second piece of that is the filing fee. Now, ExpressTruckTax, we’ve been around for over 12 years. We’re the number one IRS-authorized e-file provider in the trucking industry. And to file for one truck, it’s $14.90, again one of the lowest in the industry.
Not only that, but we do have a full support team here ready to answer any questions that you have. So if you do have questions about your tax gross weight or your tax amount, we are here for you, and it comes with that price.
So, the price to file your 2290 is based on the number of trucks. We have one truck, two trucks, three to twenty-four trucks, 25 to 100. So, there are lots of different categories that you might fit into, but they’re all very reasonably priced. And again, we’ve built ExpressTruckTax to be safe for you and for your company and for your information.
So, you just come on, create an account, put in your business information, your truck information, and then we do the rest. We calculate it for you, we transmit it to the IRS, and you’ll just get an email back when it’s been accepted. You’ll get your stamped Schedule 1, and then you’re good to go.
So those are the two pieces when we’re talking about, well, how much is my 2290 going to be? The tax payment is based on your first use month and your gross weight. And then, of course, our filing fees, we’ve already discussed those.
When it comes to paying your tax due, there are five ways that you can pay the tax, and on the IRS payment section, those will be listed out for you. We’ve got electronic funds withdrawal, which is where you enter in your bank account and your routing number. That will the IRS will automatically debit that account within one to two business days once the return has been accepted.
The next is a credit card. With ExpressTruckTax, the benefit of doing that is number one, it’s going on a credit card. Number two, when you do it through ExpressTruckTax, you don’t have to re-enter all of your information again. It’s just one and done. We also offer the credit card through the IRS system, which again, you’ve got to go to a different site, re-enter all of your payment information, and pay with the credit card there.
We also have the EFTPS. If you have this account set up, perfect. If you do not and you want to get it set up, now is the time because it does take about 15 days to get that account set up with the IRS. And then the last is a check or money order. So again, this option is very manual. You have to write a check or money order out and mail it to the IRS before August 31st. But that’s the five payment methods that we offer through ExpressTruckTax.
You can reach us at our email supported expressstrucktax.com, phone 704-234-6005, and we have a live chat option as well at expresstrucktax.com. There’s a little bubble down there on the right-hand side. You can click that, and we’ll answer.
So, I look forward to helping you soon. If you have not filed your 2023-2024 Form 2290, go to ExpressTruckTax.com, login to your account, click pre-file, and be done in literally less than five minutes. I’ll talk to you guys soon. Bye.
Hey, it’s Amber from ExpressTruckTax, and I’m going to give you three reasons why you should file your 2023-24 Form 2290 today.
#1 Win A Bluetooth Headset
Reason number one is that when you file your 23-24 Form 2290 in May, you are automatically entered to win a Blue Parrot Bluetooth headset. And you don’t want to miss out on that, so get yourself a new headset, file your 2290. It’s a win-win, just do it!
#2 Avoid The Rush
Number two is that you don’t have to worry about the 2290 deadline. You know, as you’re driving, wonderful summertime breeze flowing through your locks of hair, you don’t have to worry about, ‘Oh, the 2290 deadline is coming up.’ You’ve already done it in the first week of July.
It’s going to be processed, and you’re going to get your stamped Schedule 1. If you’re leased with the company, your company can automatically get a stamped Schedule 1 as well. So you don’t have to worry about sending it to them. It’s done, it’s over with.
#3 Fix Any Mistakes
And number three, if you do have any mistakes, you have longer to correct those mistakes. And so again, when your return is processed in the first week of July, if it’s rejected due to a number of different reasons, you have almost two months to correct that. So those are the top three reasons why you should file your 2290 today in May of 2023 for the 23-24 Form 2290.
More Reasons to Choose ExpressTruckTax
Again, ExpressTruckTax is the number one IRS-authorized E-File provider. What that means in non-tax language is that we are number one among truckers. We are the most trusted e-file provider. We will keep your information safe, and we are US-based.
So those are the top reasons why truckers choose ExpressTruckTax. And we have customer support. We actually answer our phones. Again, another reason why truckers choose ExpressTruckTax.
ExpressTruckTax Support
So if you do have questions about your Form 2290, please give us a call at 704-234-6005, or you can email us at support@ExpressTruckTax.com. We also have a live chat option available. And so if you’re on ExpressTruckTax, there’s a little chat bubble. Click that, and you’ll get directly to our support team as well.
So go ahead, file your 2023-24 Form 2290 today to automatically be entered to win the Bluetooth headset. Thank you so much. I can’t wait to help you this year.
The 2290 filing season is right around the corner, and our team is excited to help you get ahead of the game this year! That’s right, the 2023-24 Form 2290 is available from ExpressTruckTax today. What better way to ensure you file accurately and on time this year than to start filing now?
A Quick Recap of Form 2290
We get it, our team talks about Form 2290 all day, every day, but for you, it happens once a year!
IRS Form 2290 is used by owners of commercial motor vehicles weighing 55,000 pounds or more to calculate and pay annual heavy vehicle use taxes (HVUT). The HVUT tax year runs annually from July 1 – June 30.
What are the Benefits of Filing Early?
The best benefit of completing your annual filing ahead of the 2290 deadline on August 31st is that you can check this off your “to-do” list and get back on the road!
When millions of other drivers are rushing to meet the filing deadline in August, you will already have your Stamped Schedule 1! As soon as the IRS begins accepting 2290 Forms, yours will be submitted and processed.
Here is a better question – why would you file your 2023-24 Form 2290 with any provider other than ExpressTruckTax?
ExpressTruckTax is the industry leader for a reason, we offer the easiest and most affordable option for filing your 2290, and we’ve been doing that for over a decade!
Only ExpressTruckTax offers outstanding customer support that is live, local, and bilingual. Our team of experts is available to assist you Monday-Friday from 8:00 AM EST until 5:30 PM EST by phone, email, and live chat.
Are you ready to start filing now? Click the button below to get started with ExpressTruckTax today!
Vehicles weighing 55,000 pounds or more must have a Stamped Schedule 1 to get tags and the registration. In order to obtain a Stamped Schedule 1 you must first file Form 2290 for the Heavy Vehicle Use Tax. This form must be filed annually with the IRS.
Receiving Your Stamped Schedule 1
If you want to receive your Stamped Schedule 1 as quickly as possible, e-file your Form 2290 with ExpressTruckTax. This entire process takes only a few minutes. Once all of your business, vehicle, and payment information is entered, transmit your form. Once your Form 2290 is accepted, you will receive your Stamp Schedule 1 via the email your ExpressTruckTax account was registered with, within minutes. You also have the option to receive your Stamped Schedule 1 via fax or mail at an additional fee. You also have the option to log in to your ExpressTruckTax account and download a copy of your Stamped Schedule 1. You can do this by going to your dashboard to the list of returns that you filed. Click “Download” under the “Schedule 1/Acceptance Letter” column for any return you need the Stamped Schedule 1 for.
You are also able to paper file Form 2290 with the IRS, however, the entire process takes a long time. Once you file your form, you will not know if your form has been accepted for several weeks. If it is rejected you will have to file it again and wait another few weeks before you get a response. In order to get your Stamped Schedule 1 after paper filing Form 2290, you can either get it via fax or through the mail.
File Form 2290 with ExpressTruckTax Today
Do you need to get your tags and vehicle registration for your vehicle weighing 55,000 pounds or more and need your Stamped Schedule 1 as soon as possible? If you e-file your Form 2290 with ExpressTruckTax today, you will receive your Stamped Schedule 1 within minutes of it being accepted. What are you waiting for? E-file your Form 2290 with ExpressTruckTax today to get your Stamped Schedule 1 as soon as possible.
Did you get a new truck in August? Was August the first time you started driving a new truck?
If you answered “Yes” to any of these questions, then you need to file Form 2290 with the new vehicle’s VIN by September 30th.
Even though you’re still getting used to your new truck, it’s important that you remember to file the Form 2290 for it before the deadline to ensure it has a valid stamped Schedule 1 and to avoid late penalties issued by the IRS!
What does ‘First Used Month’ mean?
The First Used Month (FUM) refers to the first month the truck was used on a public road during the current tax year. The Form 2290 and HVUT payment are always due at the end of the following month after the vehicle was first used.
The chart below shows what your filing deadline will be based on the First Used Month of your truck:
What happens if it’s late?
If your Form 2290 is filed after the deadline, the IRS will issue hefty penalties that will incur until it is filed and paid.
If you do not file the Form 2290 before September 30th, you will be issued these penalties, plus additional interest from the IRS. The penalty for late filing will be equal to 4.5% of your owed tax amount and will incur every month it is late.
Please note that, even if you are unable to make the HVUT payment at this time, it is important to at least file before the deadline. The penalties won’t be as great if, at least, the Form 2290 is filed on time.
File Your Form 2290 Now!
E-filing your Form 2290 with ExpresstruckTax is a quick and simple process! When filing online with ExpressTruckTax, you will have access to the market-leading e-filing program along with multiple features to help make filing easy!
When you file with ExpresstruckTax, you will receive your stamped Schedule 1 within minutes after submission!
Go to ExpressTruckTax to file now! If you have any questions or are in need of assistance, call our customer support team at 704.234.6005! They are always happy to help!