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Thursday, July 16, 2020

What Happens If You File Your 2020 Form 2290 Late



There’s not much time left to file the IRS 2290 Form for 2020! Heavy highway use taxes must be filed by midnight on Friday, August 31.

If you thought not filing your truck taxes by August 31 was a good idea, you'll definitely want to rethink that. There are tons of penalties waiting for you if you fail to file your Form 2290 for 2020.

The penalties for not filing will end being far more costly than not paying your truck tax.

What Happens If You File Your IRS Form 2290 for 2020 Late?


It's time to get a move on with your Form 2290 filing. If you fail to follow IRS Form 2290 instructions and file by August 31, you will be hit with big penalties. Failing to file will result in penalties that are equal to 4.5% of the total truck tax amount due, and will increase monthly by .54% for up to five months.



If those IRS penalties weren’t enough, your vehicle will be suspended until you can provide proof of the HVUT payment. You'll need the stamped Schedule 1 that you receive after you transmit your Form 2290 to the IRS in the cab of your truck to remain legal.


Easily File Your Form 2290 for 2020 Over the Phone


You can easily file your Form 2290 for 2020 over the phone with TSNAmerica! Just gather all your required information and give us a call at 877.520.8640. One of our friendly, US-based, bilingual support team members will file your IRS Form 2290 on your behalf in minutes!

You know what happens if you file taxes late, so let TSNAmerica help you avoid those hefty IRS penalties!


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