What to Do if Your Form 2290 Tax Return is Rejected by the IRS?
|What to Do If Your Form 2290 Return is Rejected by the IRS?|
So you were very proactive this year, and you decided to go ahead and e-file irs form 2290.
But then you discover, your 2290 tax return has been rejected by the IRS. So what does that mean for you?
Basically, you need to keep filing until you get things right.
Thankfully, we here at ExpressTruckTax believe in unlimited retransmissions for rejected returns.
Now we’ve heard some people would rather just not file their 2290s than bother with re-transmissions – but that doesn’t make any sense.
What are the Penalties for Failing to File Form 2290?
Basically, you’re going to get hit with a bunch of financial costs if you fail to, or are late, paying
Form 2290. HVUT penalties can range from 4.5 percent of total tax due, assessed on a monthly basis up to five months to an additional monthly penalty equal to 0.5 percent of total tax due for late filers.
Additional interest charges of 0.54 percent per month accrue as well.
Do I Need to E-File Tax Form 2290?
When you e-file your 2290 with ExpressTruckTax, you receive your Schedule 1, which shows an IRS e-file watermark with the date the return was received and processed. This will be accepted by all DOT’s, DMV’s, and other federal authorities.
ExpressTruckTax automatically emails the stamped Schedule 1 after the IRS accepts your 2290. We can also send you updates via text and fax–plus we can even notify your company/carrier.
Your stamped Schedule 1 counts as your proof of payment.
What if you e-filed your tax form 2290 and then something changes—like your vehicle weight?
Just File a 2290 Amendment
When the information on the vehicle you filed for changes, the IRS wants you to file a Form 2290 Amendment. If you want to get that taken care of quickly, just e-file it with ExpressTruckTax. The choice is simple.
So don’t skip out on your tax filing, just because you’re frustrated. In fact, with unlimited retransmission—its all easy!
So if your 2290 is rejected this truck tax season, don’t worry! Instead, login to ExpressTruckTax, and we’ll take care of what we can.
See, it pays off to be proactive!
Related Blog: 7 Common E-Filing Mistakes to Avoid
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