File Now, The Deadline For Form 2290 Is Today August 31st

Today is August 31st, 2022, the last day to File Form 2290 and pay the Heavy Vehicle Use Tax to the IRS. Are you a driver of a vehicle weighing 55,000 pounds or more? Then you need to be aware of this important deadline! 

Form 2290 is an IRS tax form that must be filed annually for the upcoming tax year. By filing now you are paying your tax in advance and do not have to worry about paying it again until next year. The Form 2290 tax year goes from July 1st to June 30th of the following year. This is important to know because a vehicle’s Stamped Schedule 1 expires on June 30th. 

A Stamped Schedule 1 is important because it is used to get a vehicle’s tags and registration and can only be obtained by filing Form 2290. If a vehicle is found without a current Stamp Schedule 1, this can lead to being pulled over and penalized. If you do not pay the tax or file Form 2290 at all before August 31st, fines will occur. 

If Form 2290 is filed late or the tax is not paid, you will be charged late fines, and the fine for not filing Form 2290 is actually greater than the fine for not paying the tax. 

For every month the deadline is missed there will be a fine of 4.5% of the total tax due for up to five months. If there is underpayment for the Heavy Vehicle Use Tax, there will be a penalty of 0.5% of the tax due. Additional interest charges of 0.54% accrue each month that Form 2290 is not filed. This is why it is important to not only file Form 2290 but pay the Heavy Vehicle Use Tax as well. 

This is why it is important for you not to miss this deadline. Lucky for you, TSNAmerica has your back. TSNAmerica is able to file Form 2290 over the phone for you. This makes it convenient for those who are busy or do not have access to a computer or other device. When speaking with an agent, simply tell them your business information including your Employer Identification Number (EIN), vehicle information including your Vehicle Identification Number (VIN), and your preferred payment option.

TSNAmerica offers a convenient Form 2290 filing solution for busy individuals. It is important to file Form 2290 today so that you do not miss the deadline and get fined for filing late. What are you waiting for? File Form 2290 with ExpressTruck

Tax so that you don’t miss today’s big deadline!

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When is the Form 2290 Due Date and other Helpful Information

What is Form 2290? Form 2290 is an IRS tax form that is used to report and pay the Heavy Vehicle Use Tax (HVUT) for vehicles that have a Taxable Gross Weight of 55,000 pounds or more that are operated on public highways. When a driver files Form 2290 they will receive a Stamped Schedule 1, which is required to obtain a truck's tags and registration. If a driver is found without a current Stamped Schedule 1, it may result in fines and penalties.

Who is required to File Form 2290?

If someone operates a vehicle that weighs 55,000 pounds or more and drives more than 5,000 miles a year, or more than 7,500 miles if it is used for agricultural purposes, Form 2290 must be filed for this vehicle. If the vehicle does not exceed 5,000 miles, or 7,500 miles if it is used for agricultural purposes, Form 2290 must still be filed but the filer will be exempt from paying the Heavy Vehicle Use Tax. 

When is the Due Date to File Form 2290?

The Form 2290 tax year goes from July 1st, 2022 to June 30th, 2023. The month that you first put a truck on the road that fits this requirement is known as the truck’s First Used Month (FUM). After a truck is first put on the road that meets the weight requirements, drivers have until the end of the month following the truck’s First Used Month to file Form 2290 for the truck. If Form 2290 is not filed by then, fines may occur. Not only that but without the Stamped Schedule 1 receives after Filing Form 2290, the vehicle’s registration or tags will not be obtainable. 

If this is not the first time the truck has been on the road and it has been operated on the road for over a year, the vehicle's First Used Month will be in July, the beginning of the Form 2290 tax year. This means that drivers are filing Form 2290 for the full tax year instead of just part of the year. After a truck is put on the road, Form 2290 must be filed every July so that you do not get fined. When Form 2290 is filed for the Heavy Vehicle Use Tax, drivers have until August 31st to file Form 2290 and pay the tax for the upcoming tax year. Form 2290 is filed in advance and the amount paid is determined by the weight class of the vehicle. 

When is the Deadline to File Form 2290 for the 2022-2023 Tax Year?

Filing for Form 2290 for the 2022-2023 tax year officially starts when the IRS starts accepting Form 2290 on July 1st, 2022. If Form 2290 is filed as soon as the IRS begins accepting them it means filers have more time to pay their HVUT. The deadline for filing and payment is August 31st. This means that if drivers wait until the last minute to file their Form 2290, it means that they will have less time to make their tax payment and get the amount needed to cover it. 

If the Form 2290 due date is missed, however, the Form 2290 will be considered late and filers will likely be fined. It is important not to miss this deadline because without filing your Form 2290 you cannot receive your stamped Schedule 1, which is required to get tags and the registration for the vehicle. To prevent drives from missing the deadline to file Form 2290, TSNAmerica offers the perfect solution to prevent just that. 

Why ChooseTSNAmerica?

TSNAmerica offers a great Form 2290 filing solution by having the option to file Form 2290 over the phone. This way drivers don't have to get to a computer and try to navigate a website to file or attempt to paper file. The Form 2290 deadline is right around the corner so it is important to file as soon as possible. Don't be late with Form 2290 and risk getting fined. Call TSNAmerica to file Form 2290 over the phone today!

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Claiming Credits on Form 2290: Everything You Need to Know

 Claiming Credits on Form 2290: Everything You Need to Know

IRS Form 2290 is a form that is filed by the driver of a vehicle that weighs 55,000 pounds or more for the Heavy Vehicle Use Tax (HVUT) to the IRS. If throughout the duration of a tax year, a qualifying vehicle drives 5,000 miles or less, or 7,500 miles or less if used for agricultural purposes, Form 2290 must still be filed but no tax will be owed for this vehicle and it will be considered suspended by the IRS. This is something that every driver of a vehicle weighing 55,000 pounds or more should know. When filing Form 2290 online, there are also some cases where you might need to claim a credit on your form.

When would you need to claim a credit on Form 2290?

When filing Form 2290 for the Heavy Vehicle Use Tax, it is important to know what options are available to you on the form. One of these options is the ability to claim credits on Form 2290. When it comes to this option, there are several instances that would require you to claim a credit on your Form 2290. These instances include having sold a vehicle, having a vehicle stolen or destroyed, or having a vehicle not exceed the mileage limit when it had already been filed as not suspended. 

How would you claim credits on Form 2290?

When filing Form 2290 you will have the option to claim credit vehicles. You will specify the reason for claiming the credit as well as the vehicle’s information, including the Vehicle Identification Number (VIN). Here you will state whether the vehicle was sold, stolen or destroyed, or didn’t exceed the mileage limit.

Sold Vehicle

If you sell your vehicle, you are able to claim a credit on that vehicle when you go to file your IRS Form 2290. When filing Form 2290 you will have the option to input credit vehicle information. Here is where you will specify that you have sold a vehicle. You will need to specify information about this sold vehicle including the VIN, the date sold, and the buyer’s information. Once you state this information you will be able to claim a credit for the months you no longer owned the vehicle.

Stolen or Destroyed Vehicle

If your vehicle is stolen or destroyed, you have the ability to claim a credit on that vehicle when you file Form 2290 as well. In the section on Form 2290 where you can claim credit for vehicles, you will enter the vehicle’s information such as the VIN, make, and model. You will indicate the date it was stolen or destroyed, this way you will be getting a credit for the months that you did not have the vehicle on the road or in your possession. 

Vehicle that did not exceed the mileage limit

Another instance where you can claim a credit on a vehicle when filing your Form 2290 is by not exceeding the mileage limit. Form 2290 is filed for the upcoming tax year. If you actually traveled less than 5,000 miles, or 7,500 miles if it is used for agricultural purposes, during the tax year but did not originally file the vehicle as suspended, you have the option to claim a credit for this vehicle. On Form 2290 you will enter the vehicle’s information and then specify that it did not exceed the mileage limit. In this instance, you will receive credit for the full tax amount paid for that vehicle for that tax year. If mileage wasn’t exceeded then you will also give the details about this vehicle.

Other Options for Claiming Credits 

Another option that is available to filers to claim credit for a vehicle that was sold, stolen or destroyed, or did not exceed the mileage limit is to file Form 8849 Schedule 6. This IRS tax form is designed to get credit back for a vehicle that meets the requirements. In this case, you do not have to file it on your Form 2290 as a credit vehicle but it is a separate tax form entirely designed to request the credit back from that vehicle. All you need for this form is the vehicle’s information and a detailed explanation of why the form is being filed. Form 8849 is processed manually by the IRS however, so it could possibly take up to a year or more to get the credit for your qualifying vehicle back. If you would rather wait until the next time you file Form 2290 if you still have a truck to file for, then you are able to add these credit vehicles to your Form 2290 instead and the vehicle credits will be processed at the same time as your Form 2290. 

ExpressTruckTax Offers the Best Solution for Filing Vehicle Credits

When you file Form 2290 with TSNAmerica, adding vehicle credits is made easy. Simply call in and have an agent help you add the vehicles that you need to claim a credit for by stating the vehicle information and the reason for claiming the credit. 

Form 8849 is also available through TSNAmerica and only takes a few simple steps. No matter how you want to file or report your vehicle credits, TSNAmerica has the best solution for you. What are you waiting for? File with TSNAmerica today and start reporting your vehicle credits today! Call now!

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Form 2290: Everything You Need To Know And More

Form 2290: Everything You Need To Know And More

Are you new to the trucking industry? Have you been driving a truck for a while? No matter how long you have been driving a truck, something every truck driver must know about is Form 2290. To better understand the form, you need to know what the form is for and what information the form requires.

What is Form 2290?

If you drive a vehicle that has a Taxable Gross Weight of over 55,000 pounds and drives over 5,000 miles a year, 7,500 miles if the vehicle is used for agricultural purposes, then Form 2290 must be filed and the Heavy Vehicle Use Tax (HVUT) must be paid. If a vehicle travels less than 5,000 miles in a year or 7,500 miles for agricultural vehicles, it is considered suspended. In this case Form 2290 still needs to be filed, but you will be exempt from paying the HVUT.

What Information is Needed to File Form 2290?

Form 2290 requires several pieces of information to be filled out. The information entered helps determine how much tax is owed for the HVUT.

Business Name and Address

When you fill out Form 2290, it asks you for the name of the business you own or work for as well as the address of that business. The form will also ask you what type of business you work for. If you are unsure of the business type, you can select the “others or not sure” option.

EIN (Employer Identification Number)

Your Employer Identification Number (EIN) is required to fill out Form 2290. The EIN is a unique nine-digit number that is issued to every business owner by the IRS. If you just recently obtained an EIN, it could take up to 15 business days for it to become active and recognized by the IRS.

VIN (Vehicle Identification Number)

A Vehicle Identification Number (VIN) is a 17-digit code unique to each vehicle. Because no two vehicles have the same VIN number, it makes it easier to identify the vehicle. This number can be found on the vehicle’s registration, its title, or on the actual vehicle itself.

Taxable Gross Weight 

The Taxable Gross Weight of a vehicle is determined by adding the total weight of the truck, the trailer, and the maximum load the truck is able to carry. This is used to determine the tax amount that needs to be paid for the HVUT. The higher the Taxable Gross Weight of a vehicle, the higher tax owed. If a vehicle’s Taxable Gross Weight is less than 55,000 pounds, then Form 2290 does not need to be filed for this vehicle.  

First Used Month 

A vehicle’s First Used Month (FUM) is the month that you first put the vehicle on the road. The last day of the following month is when Form 2290 is due for the current tax year. If you first put a truck on the road in October of 2022, the deadline to file the 2022-2023 Form 2290 is November 30th, 2022. In this case, the rate is prorated since you are only filing for part of the tax year. 

The current tax year begins on July 1st, 2022, and ends on June 30th, 2023. If you have had your truck on the road for longer than a year, you will put your first use month as July and will be paying the full tax for the upcoming tax year. 

What’s the easiest way to file Form 2290?

The IRS recommends that you e-file Form 2290 as opposed to paper filing. If you paper-file your Form 2290 it will take much longer for the IRS process. By e-filing your Form 2290 you will receive your stamped Schedule 1 in minutes. The stamped Schedule 1 is needed in order to obtain tags and the registration for your vehicle. 

How do I submit my payment to the IRS?

The IRS accepts multiple payment options in order to pay you HVUT. Regardless of which payment method you choose, the payment must be made by August 31st in order to avoid any late fees. 

Electronic Funds Withdrawal (EFW)

One of the options you have to pay your HVUT is through Electronic Funds Withdrawal (EFW). If you choose this payment method, the tax payment will be withdrawn from your account as soon as your Form 2290 gets accepted. 

Check or Money Order

A Check or Money order is another acceptable form of payment for the HVUT, but you have to make sure that the payment is made before the deadline. 

Electronic Federal Tax Payment System (EFTPS)

Another option that is available to pay your HVUT is through the Electronic Federal Tax Payment System (EFTPS). In order to use this payment method, you must have a or create an account and initiate this payment transfer at www.EFTPS.gov. 

File your 2290 Now!

The time to file your Form 2290 for the 2022-2023 year is fast approaching! Once you have all of the information that is required in order to file Form 2290, file over the phone with TSNAmerica to save time and money. What are you waiting for? File now and get your stamped Schedule 1 in minutes!

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First Use Month: What Is It And How Does It Relate To Your Form 2290?

 

First Uses Month: What Is It And How Does It Relate To Your Form 2290?

First Used Month: What Is It And How Does It Relate To Your Form 2290?

Filing Form 2290 is done when your vehicle weighs over 55,000 pounds. If your vehicle travels less than 5,000 miles a year or 7,500 miles if it is used for agricultural purposes, you still have to file Form 2290 but you don’t have to pay the tax because your vehicle is then considered suspended/exempt. No matter if your vehicle is suspended/exempt or not when you file your Form 2290 you have to enter your first used month. 

What is a First Used Month?

The words “first used month” will appear several times when you are filing your Form 2290. What does it mean?  What does it mean? The first used month refers to the first month that you put your truck on the road during the specific tax year and does not have to do with the date on your tags. The Form 2290 tax year is July 1 to June 30. If a truck has been put on the road for the first time in the middle of a tax year then the month you put the truck on the road will be your first used month. If your truck has been on the road for longer, however, your first used month will be July. Your first used month along with the weight of your vehicle is what determines how much your Heavy Vehicle Use Tax (HVUT) will be once you file your Form 2290.

Why Use TSNAmerica to file your Form 2290?

TSNAmerica makes filing your Form 2290 faster and easier. With TSNAmerica you can file your Form 2290 right from your phone wherever you might be! You’re guaranteed to receive your stamped Schedule 1 quickly and we’ll even send a copy of your Schedule 1 to your company! Filing with TSNAmerica will make filing your 2290 quick and painless so that you can focus on what matters most. 

What are you waiting for? File your Form 2290 with TSNAmerica today!

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Need A Thanksgiving Meal OTR?

Thanksgiving is already here and we gladly welcome the most turkey-filled time of the year! We thank all the members of the trucking industry who have been hard at work shipping turkeys all across the nation. About 46 million were delivered all over just so people can enjoy a traditional meal with their families.

If you are going to be OTR this holiday we hope that when you get the chance to go home you will be surrounded by family and friends to enjoy your own special turkey dinner. However, you can still enjoy a turkey meal on the road.

Cook Your Own Meal?

Of course, if you’re feeling adventurous, you can try cooking a meal right in your rig.

Our team tried just that this year with mixed results. Check out our attempt to make a Thanksgiving meal with nothing but truckstop items below!

Where Truckers Can Find Turkey

But if you want to take a break from chaotic Thanksgiving travel to enjoy your own turkey lunch or dinner complete with a slice of pie then you can head to a restaurant like Cracker Barrel. Cracker Barrels usually provide excellent truck parking and have a comfortable, at-home atmosphere to make your Thanksgiving meal warm and welcoming.

You can also head to Denny’s for an excellent turkey meal. Because a lot of truck stops like Flying J have Denny’s built-in then it will make for a convenient stop to rest, shower, enjoy some turkey, and more.

Other notable places serving up awesome Thanksgiving meals include Iron Skillet, Country Pride, and more.

But what if we told you that there are places to score free turkey? Hold onto your britches, because it’s true! Head to the Boise Stage Shop in Boise Idaho off of I-84 exit 71 for a free turkey dinner with trimmings.

You can also head to the Cowboy Cafe in Lyman, Wyoming for an all-inclusive turkey dinner. You get all the good sides like stuffing, a dinner roll, potatoes, and even a slice of pumpkin pie. Just show your CDL at these locations to enjoy the free food.

Thank You From TSNAmerica

Here at TSNAmerica, we are very thankful for all the hard work you do to deliver supplies and needs all across the nation. We sincerely hope you will find the time to celebrate Thanksgiving with your loved ones and get the chance to enjoy a warm turkey meal on Thanksgiving!

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It’s Time To File For 2022 UCR Registration

The 2022 Unified Carrier Registration opened on October 1st, and the deadline is only getting closer!

It is important to note that there were no price adjustments from last year, so the amount will be the same depending on your fleet size!

The Unified Carrier Registration Act (UCR) is the primary method when it comes to registering commercial vehicles that travel through interstates.

The UCR must be completed along with the fee paid by December 31st, 2021 in order to legally operate your vehicle.

What Are The UCR Fees?

You must register and pay the UCR fee every year and the amount is based on the size of your fleet.

The chart below displays the filing fees: 

Register for UCR

You will need to enter your USDOT number to register for UCR. Once you complete this process and pay the fee, You have completed your UCR registration!

You need to have your USDOT number on hand to simplify and speed up this process. 

Any vehicle that meets any of the following requirements must have a USDOT number: 

• A vehicle that transports cargo or passengers

• Has a gross or combined weight of 10,001 lbs or more

• Transports 8 or more passengers for compensation

• Transports 15 or more passengers that are not for compensation

• Transports any hazardous materials

Need Help Registering For UCR?

TSNAmerica is here to help you through this process, like always! 

Give our team a call at 877.520.8640 and they can help register the UCR for you!

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Waited Until Last Minute? How to File by the 2290 Due Date

The 2021 Form 2290 due date is today!!

That’s right… Your Heavy Vehicle Use Tax is due on August 31, 2021.

Filing the 2021-22 Form 2290 by the 2290 due date is critical to avoid penalties and receive an updated 2290 Schedule 1.

Still need to file?

Here’s a comprehensive list of Form 2290 instructions 2021 for filing before the 2290 due date. 

Form 2290 Due Date 2021

The 2021 Form 2290 Rundown

Federal Heavy Vehicle Use Tax is an annual truck tax that covers the damage that heavy vehicles do to public highways.

In return for filing Form 2290 for 2021, you’ll receive an updated 2290 Schedule 1, which is necessary for truck operation.

Your 2290 Schedule 1 acts as a receipt of federal Heavy Vehicle Use Tax payment, and must be presented when renewing tags, traveling internationally, and more.

IRS Late Filing Penalties

Failing to file 1 Form 2290 before the Form 2290 due date will result in penalties.

The IRS enacts a late filing penalty of 4.5% of the total federal Heavy Vehicle Use Tax amount for these filers, with an added 0.54% interest each month.

In contrast, those who file Form 2290 for 2021 but do not pay their federal Heavy Vehicle Use Tax will face a penalty of 0.5% of the tax amount, with 0.54% interest each month.

Failing to file will also cost you an updated 2290 Schedule 1, which you’ll need on the road.

Don’t risk it. Filing on time is simple.

Filing On Time

The fastest way to file is over the phone or online.

To file over the phone, simply call TSNA at 877.520.8640 and we'll file for you!

You also have the option to file IRS 2290 online with our sister product, ExpressTruckTax.

To file 2021 Form 2290 online quickly before the 2290 due date, follow these simple Form 2290 instructions 2021:

1.  Gather Your Information

Speed up your Form 2290 for 2021 filing process by gathering your information ahead of time. You’ll need business information, EIN (Employer Identification Number), VIN (Vehicle Identification Number), gross taxable weight, and authorized signatory details.

2.  Call TSNAmerica

Simply call 877.520.8640.

3.  Tell Them Your Business Information

Simply give your business name, address, and EIN. You must have an EIN to file.

4.  Choose Your Tax Year & First Used Month

Your tax year is 2021-22. If your vehicle has been in service in previous years and will continue to be in service this year, your first use month is July.

5.  Tell Them Your Vehicle Information

This includes VIN and gross taxable weight, which is the weight of your vehicle when fully equipped for service, minus the weight of you and the load. Find this number on your cab card or a sticker inside the door of your cab.

6. Decide how to pay your HVUT tax.

You can pay by Check or Money Order, EFTPS, or EFW.

That’s it!

Follow these IRS 2290 instructions and you’ll be finished in no time.

Never miss another 2290 due date. File now with TSNAmerica.

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