Millions of road users use the American highways to stay connected and carry goods from one point to the other. The IRS requires heavy vehicle users to pay the HVUT tax every year if their vehicles weigh 55,000 pounds or more and have travelled more than 5,000 miles in a given tax period. The tax amount is used for the maintenance of roads and highway infrastructure.
There are two ways to file form 2290: manual filing and electronic filing. Manual filing requires taxpayers to visit the IRS office and procure a copy of form 2290. The user must fill out the form and mail it to the IRS to receive the stamped schedule 1 proof of payment.
The second way to file tax is electronically, where the user can register with an IRS authorized e-filing service provider and transmit their form 2290 online. Compared to manual filing, e-filing is considerably easier. The IRS mandates that users must e-file their form 2290 if they are reporting more than 25 vehicles.
Reasons to e-File 2290 Form
There are various reasons why it's beneficial to file your form 2290 online. One of the most important reasons is that online filing is much faster than paper filing. You can save a lot of time and money by choosing to file your form 2290 online. In the below section you can find the reasons why you should opt for e-filing
Faster Processing - This is one of the key aspects why more and more users choose online filing over paper filing. Forms filed manually take longer to get processed. You need to wait 5-45 days to get your IRS schedule 1 copy. If you choose a trusted IRS authorized filing service provider to file your form 2290 online, you will get your IRS schedule 1 copy within minutes after filing your tax return. However, you need to make sure that you choose an IRS authorized platform for the same.
Convenience - e-Filing is the most convenient way to file your 2290 taxes. You can do it at the comfort of your home or while you are on the road. Users don't need to spend time at the IRS office standing in the queue. You can simply register with an e-filing partner and file your form 2290 in five simple steps.
There are many more reasons why you should e-file your form 2290. From bulk data upload to free services, e-filing offers customers unrivalled advantages all the while helping them stay compliant.
Get a copy of your e-filed Form 2290 proof of HVUT payment in minutes. If you missed your stamped schedule 1 copy, download from Form2290Filing anytime.
Filing your HVUT 2290 returns ahead of the deadline is always a good idea. For one thing, you won’t have to struggle at the last minute to collect information and make errors that could land you penalties. Here’s some more reasons why you should pre-filing your form 2290:
Pre-filing allows you to file your Form 2290 ahead of the deadline and pay for it later.
You will get your IRS stamped Schedule 1 before anyone else. Schedule 1 acts as a proof of tax payment and is required to be presented to the DMV authorities while renewing your vehicle registrations.
You will be able to plan ahead and save up the tax amount when you pre-file your 2290 form. Pre-filing season begins 3 months prior to the filing season, so you can plan your finances and get enough time to source the money for paying your HVUT tax.
During peak filing seasons, you may not be able to get timely support from the IRS(1) should you have any queries. Moreover, during the peak season, the IRS servers could face technical issues due to high traffic. This will further delay your filing process.
If you’ve made filing errors, you will have enough time to refile the amended return without incurring penalties.
Get complete help from the tax experts without waiting for a long time to file your 2290 Form
If you are a long haul trucker chances are you follow a busy and hectic work schedule where time is of the essence. Sometimes you could even skip the filing deadline because you were preoccupied with other tasks at hand. Pre-filing ensures that you are on top of your filing priorities.
Service providers like eform2290 allow you to pre-filing within minutes, and you will also receive prompt alerts and reminders to pay your HVUT tax on time as the deadline approaches.