When a new vehicle is placed in service, the Form 2290 must be filed by the last day of the following month. So vehicles that were placed in service during the month of September will need to file HVUT using the 2290 by October 31st.
Your 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 20th, it will be taxed as though it was used the entire month, regardless of the fact it was only used for a couple of days, and the tax will be based on 10 months, instead of the full year.
You can E-File Form 2290 in minutes using ExpresssTruckTax. All you will need is:
- Basic Business Details,
- EIN,
- VIN and
- Gross Weight of the Vehicle to complete the return.
Then you will transmit the return to the IRS and you will receive your Stamped Schedule 1 in just minutes! For more information or to get started today, visit ExpressTruckTax.com or contact our Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!