1st Quarter Filing Period for IFTA (International Fuel Tax Agreement), KYU (Kentucky Use Tax), New Mexico Weight Distance Tax, and NY HUT (New York Highway Use Tax) is now open. The deadline for 1st quarter filing is April 30, 2014 and we encourage you not to wait until the last minute to file.
If you first placed your vehicle on the road anytime during the month of March, you must file your Form 2290 by April 30, 2014. 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 December 20th, 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 December will need to file HVUT using the Form 2290 by April 30th, and the tax will be based on 4 months, instead of the full year.
As a premier processing agency, Truck Services of North America can assist with your your IFTA, NY HUT, KYU, and New Mexico Taxes as well as filing your Form 2290 over the phone. We can help you obtain the necessary credentials and file your quarterly taxes for you. TSNA takes the paperwork out of your way.
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