IRS starts accepting 2290 form for 2011 – 2290 updates

IRS starts accepting form 2290 for the tax year July 01, 2011 to June 30, 2012 and last date to file 2290 return is Nov 30, 2011. EZ2290.com is already certified by the IRS as an Authorized eFile Provider for 2011-2012 and previous tax years. In fact, we are one of the very few companies to get certified for the 2011-2012 tax year.

All return processes within minutes of submission and IRS schedule 1 comes in minutes.

Updated as of November 1, 2011

The Form 2290 is available now. If your vehicle was first used in July, August, September or October 2011, you are required to file Form 2290 by November 30, 2011. You will not be liable for any late filing penalty or interest if you meet this due date. Beginning November 1, 2011, we will provide a stamped (receipted) Schedule 1 to those who file and pay their tax.

During the month of November 2011 you can still get your 2011 tags and register your new or used vehicle.

e-filing and Paying Your 2011 Excise Tax:

IRS e-file for 2290 is now available for the tax period beginning July 1, 2011. Visit www.ez2290.com to submit the form online.

Getting Your Tags and/or Registering Your Vehicle: 

you can still get your tags for the tax period beginning July 1, 2011. Existing regulations require states to register a heavy highway vehicle when the application for registration is received between July 1 and November 30, 2011. If you have your receipted Schedule 1 for the previous year’s taxable period, in this case, July 1, 2010 through June 30, 2011, states can continue to accept it as proof of payment through November 30, 2011.

Registering Your Newly Acquired Vehicle:

States also must register newly acquired heavy highway use vehicles without proof of tax payment if:

• you present the original or a photocopy of a bill of sale showing that the vehicle was purchased by the owner during the 150 days before the date the state received the application for registration; and,

• The vehicle has not been registered in any state subsequent to the date of purchase.

Electronically filing tax form 2290 is a very easy process as you have IRS service providers such as ez2290.com to help you in filing heavy vehicle use tax from start to the point of providing you with accepted 2290 schedule 1 in minutes. For further information contact ez2290.com at 1-877-811-ETAX or you can even e-mail at support@ez2290.com

Who is suppose to pay heavy vehicle use taxes and its exceptions

A commercial vehicle is a type of motor vehicle that may be used for transporting goods or passengers. The European Union defines “commercial motor vehicle” as any motorized road vehicle, which by its type of construction and equipment is designed for, and capable of transporting, whether for payment or not: (1) more than nine persons, including the driver; (2) goods and “standard fuel tanks”.

In the United States a vehicle is designated “commercial” when it is titled or registered to a company. This is a broad definition, as commercial vehicles may be fleet vehicles, company cars, or other vehicles used for business. Vehicles that are designed to carry more than 16 passengers are considered a commercial vehicle. A vehicle may be considered a commercial vehicle if:

• The title was placed in the name of a company or corporation.
• The vehicle is used for business but is in an individual’s name such as a sole proprietor.
• The vehicle is a leased vehicle and in the name of the financial institution that owns it.
• The vehicle exceeds a certain weight or class and therefore is “classified” as commercial even though it may not be commercially used or commercially owned. A weight rating of 26,001 pounds or more is always consider commercial.
• The vehicle is used to haul any hazardous material.

Commercial trucks are classified into different classes according to their gross weight:

1.       Class 1- GVWR ranges from 0 to 6,000 pounds (0 to 2,722 kg)

2.      Class 2- GVWR ranges from 6,001 to 10,000 pounds (2,722 to 4,536 kg)

3.      Class 3- GVWR ranges from 10,001 to 14,000 pounds (4,536 to 6,350 kg)

4.      Class 4- GVWR ranges from 14,001 to 16,000 pounds (6,351 to 7,257 kg)

5.      Class 5- GVWR ranges from 16,001 to 19,500 pounds (7,258 to 8,845 kg).

6.      Class 6- GVWR ranges from 19,501 to 26,000 pounds (8,846 to 11,793 kg)

7.      Class 7- GVWR ranges from 26,001 to 33,000 pounds (11,794 to 14,969 kg)

8.      Class 8- GVWR is anything above 33,000 pounds (14,969 kg)

Class 8 commercial vehicles which weight above 55000 lbs are subject to heavy vehicle use taxes. The Surface Transportation Assistance Act of 1982 passed by the US Congress levies a tax on certain heavy trucks. The tax is paid to the internal revenue service (IRS) using form 2290. Heavy vehicle use tax is a federal tax and state has no part in collecting the tax. However, in order to register your vehicle with the state, the state needs to see your proof of payment (2290 schedule1) to make sure that you have paid your heavy vehicle use taxes to IRS.

To fall under the category of heavy vehicle use taxes, your vehicle must be of gross weight 55000 lbs and more. The IRS defines taxable gross weight as the sum of:

• the unladen weight of the vehicle
• the unladen weight of any trailers or semi- trailers customarily used in combination with the vehicle
• The maximum load carried on the vehicle and on any trailers or semi-trailers customarily used in combination with the vehicle.

If the taxable gross weight as defined above is less than 55,000 lbs., a heavy vehicle use tax declaration form must be submitted each time the registration is renewed.  This form must be submitted in lieu of IRS Form 2290.

There are several exceptions to the filing of IRS Form 2290. If the applicant provides proof that the vehicle was purchased within the past 60 days, then proof of payment is not required.

There are 2 ways through which you can file your form 2290. One is through paper filing, where you have to go to the IRS office and file the form. However, this certain method of filing form 2290 can be very cumbersome. Other method which is very easy, convenient and above all even the IRS recommends is electronic filing of form 2290.

Electronic filing of form 2290 is the easiest way to pay your heavy vehicle use taxes and Ez2290.com makes it even easier for you to pay your HVUT taxes. Ez2290.com is an IRS certified e file provider to file form 2290 online. Filing form 2290 with ez2290.com not only gives you the advantage of receiving 2290 schedule 1 within minutes, but you also get the benefit of receiving many free services and the best customer support. With 1000s of customer recommendations, we can say that we make the best solution for your 2290 filing needs.

Eight Tips Taxpayers should know in case they receive an IRS Notice

Every year the Internal Revenue Service sends millions of letters and notices to taxpayers, but that doesn’t mean you need to worry. Here are eight things every taxpayer should know about IRS notices – just in case one shows up in your mailbox.

1. Don’t panic when you see an IRS notice in your mail box. Many of these letters can be dealt with simply and painlessly.
2. There are number of reasons the IRS sends notices to taxpayers. The notice may request payment of taxes, notify you of a change to your account or request additional information. The notice you receive normally covers a very specific issue about your account or tax return.
3. Each letter and notice offers specific instructions on what you need to do to satisfy the inquiry.
4. If you receive a correction notice, you should review the correspondence and compare it with the information on your return.
5. If you agree with the correction to your account, usually no reply is necessary unless a payment is due.
6. If you do not agree with the correction the IRS made, it is important that you respond as requested. Write to explain why you disagree. Include any documents and information you wish the IRS to consider, along with the bottom tear-off portion of the notice. Mail the information to the IRS address shown in the lower left part of the notice. Allow at least 30 days for a response.
7. Most correspondence can be handled without calling or visiting an IRS office. However, if you have questions, call the telephone number in the upper right corner of the notice. Have a copy of your tax return and the correspondence available when you call.
8. It’s important that you keep copies of any correspondence with your records.

For more information on IRS notices and bills you can visit irs.gov or call them at 800-829-3676.

The information is provided by ez2290.com, an IRS certified e file provider to file heavy vehicle use taxform 2290 online. The above information pertains to IRS notice on any kind of forms. However, if you receive IRS notice for heavy vehicle use tax (form 2290) filing, in that case you can contact ez2290.com at1-877-811-ETAX and they will assist you completely from the point of explaining you what the IRS notice means and help plan further steps in concern to the notice.

Everything that you should know about heavy vehicle use tax

Here are few questions that every trucker/owner operator/individual asks before applying for heavy vehicle use tax form 2290:

What is HVUT?

This is a Federal Excise Tax for vehicles with a registered or boosted weight of 55,000 pounds or more. You are required to provide the Bureau of Motor Vehicles (BMV) with proof of payment of heavy vehicle use tax each year.

Do I need an Employer Identification Number (EIN) prior to paying this tax?

Yes, it is mandatory that you have employer identification number before applying for HVUT form 2290. If you do not have an EIN, you can obtain one by calling 1-800-829-4933 or by applying online at: https://sa2.www4.irs.gov/modiein/individual/index.jsp

Where do I pay heavy vehicle use tax?

If you have fewer than 25 vehicles to register, you can pay at the IRS office, but it is highly recommended that weather or not you are filing for 25 vehicles or less, you should still file form 2290 electronically as it is faster, convenient, secure method and above all you get your 2290 schedule 1 in minutes. A highly recommended IRS service provider to e file form 2290 is ez2290.com.

Once I pay the tax to the IRS, how do I submit proof of payment to the BMV?

Mail a copy of your proof of payment (Form 2290 stamped schedule 1) to the Bureau of Motor Vehicles, HVUT Section, 29 State House Station, Augusta, Maine 04333-0029. The copy cannot have crossed out or altered dates. You must write your DOT number at the top left-side of the schedule 1. Please call our tax expert support team at 1-877-811-ETAX or you can even e-mail us at support@ez2290.com.

Can you fax my schedule 1?

Definitely, you can call us or email us with your request to fax your 2290 schedule 1 and we will do it right away.

I filed Form 2290 with the IRS already, what more must I do?

Although you filed form 2290 with the IRS but that’s not all, you have to provide your accepted schedule 1 to Bureau of motor vehicles in order to validate your heavy vehicle registration.

Why do I need to file form 2290 every year?

Proof of heavy vehicle use tax payment is required for the current July to June tax year for which your vehicle registration is issued. If you renew your registration the following year, then proof of payment is required again for the next tax period and so on. Hence always make sure to file on time and provide schedule 1 to BMV to avoid warning, suspension letters and hefty penalties.

If my vehicle is exempt from tax, do I have to file the form?

If your vehicle is exempt from paying taxes, then it is called as suspended vehicle but still it is mandatory that you report the vehicle by filing form 2290 and reporting it to BMV. A vehicle falls under suspended category when it travels less than 5000 miles (7500 miles for agricultural vehicles).

quick FAQS on 2011 form 2290 delay

Quick FAQs on Delay in filing form 2290 for tax year 2011-2012

 

Q1. Since for the tax year 2011-2012, the IRS form 2290 is not available; can I use previous year form to file 2011 tax year filing for HVUT?

Ans1 Based on our discussion with the IRS it is highly recommended that you do not send any old form and/or payment to the IRS. If you end up sending the older form 2010 or earlier, IRS will apply the payment towards your tax account and will not issue a schedule 1. They will send you a notice to send a new form when it becomes available.

 

Q2. Since form 2290  is not available and I need to renew my truck with the DMV/MVA. What are my options?

Ans2 In that case, the IRS has officially announced that last years (July 2010-June   2011) schedule 1 can be used as proof of payment for DMV renewal application for the month July, August and September.

 

Q3. I am a new trucker. Never filed 2290 HVUT tax form before. How can I get my vehicle registered with the DMV/MVA without the proof of payment?

Ans3. In that case, you can get your newly acquired vehicle registered with DMV/MVA without having schedule 1 (proof of payment) by presenting the original or photocopy of the bill of sale showing that the vehicle was purchased by the owner during the 60 days period before the date the state receives the application for registration.

 

Q4. My local DMV/DMV is not accepting my previous year proof of payment for renewal. What are my options?

Ans4. You may provide a copy of circular that was issued by the IRS to nationwide DMVs. A copy can be downloaded from our website by clicking here http://www.ez2290.com

 

Q5. Can we start filing process for 2011 tax year now using your website http://www.ez2290.com?

Ans5. Yes, we have 2290 filing for the tax year 2011 open. We will accept the tax return and it will get processed once IRS starts accepting them.

 

If you have further question, please feel free to contact us at 1-877-811-ETAX or you can even e-mail us at support@ez2290.com