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Friday, November 23, 2012

Next Friday is the Form 2290 Deadline For Vehicles First Used in October

Reminder, if you first placed your vehicle on the road anytime during the month of October, you must file your Form 2290 by November 30, 2012. If a vehicle was used during any part of a month, the tax will be calculated for that month as a whole. For example, if a vehicle was used on October 15th, it will be taxed as though it was used the entire month.  


The tax will be prorated based on the number of months the vehicle will have been used during the tax year. So vehicles that were placed in service during the month of October will need to file HVUT using the Form 2290 by November 30th, and the tax will be based on 9 months, instead of the full year.

While the deadline for vehicles first used in October is November 30 2012, you may need to file your Form 2290 before the deadline in order to get or renew your IRP plates.  Many states require a stamped Schedule 1 as proof that your 2290 was filed before they will issue or renew your plates.  Don’t wait until the last minute and risk filing late which may incur penalties and interest.

As a premier processing agency, Truck Services of North America can file your Form 2290 Heavy Highway Use Tax for you.  TSNA takes the paperwork out of your way. For more details contact us at TSNAmerica.com or call 803.386.0320.

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