- December 9, 2015
Form 2290 tax filing season is a season that comes once a year. However, this season is quite chaotic especially when the due date comes in very close. It is always recommended to file a 2290 form and make payments for the dues to the Internal Revenue Service or the IRS on or even prior to the due date. This will actually save you from the penalties and most importantly, the whole lot of chaos. There are a lot of people who are completely confused regarding the fact that whether they fall into the category of filing Form 2290 or not. For such people, it is important to know the criteria for Form 2290 filing.
The Criteria for Form Filing
In case, the weight of a vehicle exceeds 55,000 pounds and a vehicle is likely to cross around 5,000 miles during a taxation year, the vehicle owner is supposed to file the form 2290. Nevertheless, if it is found that a particular vehicle is not covering the standardized miles and weight, that particular vehicle is categorized in the form of a suspended vehicle. Here, it should not be taken as the vehicle owner is not required to pay the taxes to the IRS. It is mandatory for a vehicle owner to File Form 2290 prior to the due date and even keep the Internal Revenue Service informed regarding the suspension. It is also important for you to note that there are even other varieties of vehicles including exempted and logging vehicles. The vehicles used in the forest regions for the transportation of logs along with other important materials are called logging vehicles. These vehicles reach the cities by making effective use of the highways. The owners of even these vehicles need to file 2290 forms; nevertheless, the tax which is paid by the owners of logging vehicles is quite minimal.
What about the Penalties?
Now, what if you get the scope of pre-filing your tax 2290 return before the due date without having to pay any hidden or extra charges? This would be quite fortunate for you and you. There are many online websites that come up with some mind-waggling offers for the taxpayers of the pre-filters. You get the option of pre-filing your IRS Form 2290 tax before 30th June and you get a certain discount through the application of coupon code. There are various other offers available for pre-filters and they always seem to be a very reliable alternative, especially for the ones who are aware of their busy schedules. Busy people especially the ones with their own businesses generally forget the due dates for form filing and eventually, they need to file the form along with certain HVUT penalties that do not serve to be very inviting.