If this is your first or second time filing 2290 highway use tax, you may need a helping hand to complete the process.
We’ve gathered a few tips that you can use to your advantage with a complete Form 2290 for 2020 guide filers need.
The Complete Form 2290 For 2020 Guide Filers Need
Whether you have handled Form 2290 filing in the past or this is your first rodeo, it never hurts to get a better understanding of what IRS 2290 is and the information you need to meet the 2290 filing deadline.
Here’s a brief overview to bring you up to speed.
What is IRS Form 2290?
IRS 2290 Form is used annually to report heavy highway use tax. Owner-Operators with vehicles that have more than 55,000 lbs in gross weight must file by the Form 2290 due date on August 31.Furthermore, if you are an owner-operator with a registered heavy highway use vehicle in your name, you must file and receive a stamped Schedule 1.
No worries, we’ll get to 2290 Schedule 1 in just a few.
Information Required to File IRS 2290
When it comes to filing IRS 2290, there is just a handful of information that you will need:- Business Name & Address
- EIN (Employer Identification Number)
- VIN (Vehicle Identification Number
- Gross Taxable Weight
- Authorized Signatory Details
What You Need To Know About Schedule 1 Form 2290
See? We didn’t forget about 2290 Schedule 1! It’s pretty hard to especially since it is such an important document.2290 Schedule 1 allows you to renew your vehicle’s tags at the DMV or register for IFTA, IRP, or UCR. A stamped Schedule 1 also provides proof of payment for the heavy highway use tax, since the IRS won’t issue one until the tax is paid.
Note: Always keep a copy of your stamped Schedule 1 Form 2290 in your truck, especially if you are crossing international borders (Canada)–Border Patrol will definitely be asking for it!
How To File Form 2290 by the August 31 Deadline
If you enjoy being an owner-operator and traveling across North America, TSNAmerica has the perfect filing solution for you to file your Form 2290 for 2020–phone filing!Once you have gathered the required information, simply pick up the phone and give us a call at 877.520.8640 so one of our friendly US-based bilingual support team members can file your IRS Form 2290 on your behalf!
In just 5-10 minutes you will complete your annual filing requirements and will receive a digital copy of the stamped Schedule 1 Form 2290 via email.
Call us today and keep Uncle Sam off of your tail this tax season!
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