The IRS 2290 filing deadline is coming up on September 3rd, 2019.
If you’re thinking of putting off filing IRS 2290 or waiting to pay your heavy vehicle use tax, I’m here to prepare you for the IRS penalties you can expect.
Plus, we’ll go over how exactly to avoid those penalties while saving money and time.
Everything You Need For IRS 2290 Filing
IRS Form 2290 Filing Deadline
As mentioned, the 2290 deadline is September 3rd, 2019.
This is the deadline to file IRS Form 2290 and pay your 2290 tax amount.
Failing to file and pay heavy vehicle use tax will result in penalties from the IRS. The penalty for failing to file IRS Form 2290 on time is 4.5% of the total highway tax 2290 amount you owe, with additional 0.54% interest each month.
However, the penalty for filing your IRS Form 2290 but failing to pay your highway tax 2290 amount is 0.5% of the HVUT payment, substantially less than failing to file.
The interest is the same.
IRS 2290 Filing Tips
Save time by gathering information before you dive in. Here’s what you need for IRS Form 2290 filing:
– EIN
You must have an EIN to file IRS 2290. If you need one, you can try to get one from the IRS in time, but we suggest calling TSNAmerica at 803.386.0320.
– Business Information
You’ll need to enter your business name and address at the beginning of your IRS Form 2290.
– VIN
This is your Vehicle Identification Number, and should be 17 characters long.
– Authorized Signatory Details
This is the 5-digit unique signature PIN you’ll need to use to sign your IRS Form 2290.
– Gross Taxable Weight
Your vehicle’s gross taxable weight is its weight when fully equipped for service, minus the weight of you and the load. You can find this on your cab card or sticker inside the door.
– HVUT Payment Information
Pay your HVUT 2290 tax amount online fast. Leading IRS-authorized e-file providers like ExpressTruckTax will offer multiple payment options, including credit card, direct debit, EFW (Electronic Funds Transfer), and EFTPS (Electronic Federal Tax Payment System).
The Quickest Way to File
As mentioned, filing IRS 2290 and paying HVUT 2290 online will save you tons of time.
The entire process takes minutes.
When you file IRS Form 2290 with ExpressTruckTax, you’ll also receive your stamped Schedule 1 just minutes after filing your 2290 tax.
You’ll also save time on potential HVUT rejection.
ExpressTruckTax offers an instant IRS 2290 error check, and FREE VIN corrections in the event that you need to make a quick fix.
