- August 28, 2020
Good luck truckers! It’s peak time for filing IRS form 2290 and all truckers must be busy in e-filing. Being a truck owner or an operator, you must be conscious about filing form 2290 for owning a heavyweight vehicle. It is mandatory to file form 2290 for owning a heavyweight vehicle possessing a gross weight of 55,000 pounds that has crossed 5,000 miles a tax year. IRS permits tax filers to file form 2290 either manually or through the e-filing option. Form 2290 e-filing is the best option with Tax2efile.com as it’s quick and simple.
Due Date for Form 2290 for 2020-2021 Tax Year
For vehicles that utilize the public highways for transportation for the tax year need to file heavy vehicle use tax form 2290 annually with a due date of August 31st. The heavyweight taxable vehicles tax period initiates from July 1st, 2020, and finishes on June 30th, 2021. Truckers need to make sure to file form 2290 before the deadline to avert penalties. The due date for Form 2290 for each month is the last date of the next month. for example, if the vehicle was first used in the period July 2020, then the due date to file HVUT would be August 31st, 2020. In the same manner, if the first use was November 2020, then December 31st is the due date, and so on. If the vehicle is placed in service, then a Form 2290 filing is necessary. Suppose any due dates fall on national holidays, Saturdays, or Sundays, it is obligatory to file the next business day. A smart and appreciated way is filing form 2290 before the due date. There may be unavoidable situations in filing Form 2290 before the due date, and during such scenarios, an extension of time to file Form 2290 is possible. This helps you avoid IRS penalties.
Extension of Time to File Form 2290
Before the due date, the truckers may request an extension of time for filing Form 2290. To complete this extension, a request has to be written to Internal Revenue Service 7940 Kentucky Drive Florence, KY 41042-2915 Truckers write a letter to the above address explaining the complete reason for the delay. The extension is not for more than 6 months except for taxpayers abroad. In this case, the extension time is not for payment, if truckers desire to pay late, they need to request it separately.
Tax2efile for Assistance
Tax2efile is always by your service helping truckers in e-filing and avoiding late filing and penalties. Truckers need not worry about delays or late e-filing as Tax2efile.com takes complete responsibility. The support desk is always at your service guiding you regarding the extension of time to file form 2290. For those not a registered member of Tax2efile.com, tap your keys and register for future e-filing of form 2290. Extension of time to file form 2290 is always mandatory in unexpected scenarios. This post will be beneficial for truckers desiring to apply for the extension of file form 2290.