Do You Need To File a Form 8849?

If you’re new to trucking the numbers used for necessary forms may be a bit overwhelming. There’s 2290s, 8849s, 4868s, 1099s, and 123s, we might be exaggerating with the 123s, but you get the gist, it’s a lot of forms and a lot of numbers to remember. We won’t bore you and got through each form 1 by 1, but we will tell you about the two most relevant ones for this filing period.

What is Form 2290?

The form that you have probably heard the most about, as of late is Form 2290. So what is Form 2290, and how does it relate to you, if at all.

Form 2290 is used to figure and pay the tax due on highway motor vehicles used. Your next question

is probably does it even apply to you, and the answer is it might. All vehicles with a taxable gross weight of 55,000 pounds or more that travel by highway is required to file a Form 2290.

After paying taxes you will be given a Stamped Schedule 1 that serves as proof of payment from the IRS. This document is important, as it is needed in order to register your commercial vehicle.

Do You Need to File Form 8849?

There are exemptions and claim suspensions that apply to some vehicles meeting certain requirements. The requirements are as follows:

• The vehicle used 5,000 highway miles or less during the period. 
• The vehicle is an agricultural vehicle and used 7,500 miles or less during the period.
• The Vehicle was stolen during the period
• The vehicle was destroyed during the period
• The vehicle was sold during the period 

The above list leads us to the importance of Form 8849. If any of the above are true about a vehicle you owned then you must first file a Form 2290 and pay the correct amount of Heavy Vehicle Use Tax (HVUT) and then complete Form 8849.

Claims and Refunds

In order to claim credits or refunds for vehicles stolen, destroyed, sold, or only used for 5,000 miles or less and 7,500 miles or less for agricultural vehicles, the Form 8849 is required. The things you’ll need to file a Form 8849 are your name, address, details on the vehicle you are seeking a claim/refund for and your Employee Identification Number (EIN). Be sure to double-check that the EIN you are using is consistent with what the IRS has on file.

*If an EIN is needed you are able to apply for one online with the IRS.

File With Truck Services of North America

Truck Services of North America (TSNA) is offering pre-filing! File as early as today, with one phone call. Support team members are standing by to assist you with all of your Form 2290 needs.

File With ExpressTruckTax

The great thing about our sister company, ExpressTruckTax is that it makes all of your Form 2290 filing simpler. It even gives you a chance to auto-generate a Form 8849 if you are in need of one for the current filing period.

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How to Get an HVUT Refund With Form 8849?

Congrats! You finally got out of the old hunker of a rig, and now you drive a brand new shiny truck that’s from this century.

But you paid your 2290 for the truck before you sold it and now you’re out $500.

Well, what if I told you could get that money back? Some may call it magic, others call TSNAmerica.

When we file a Form 8849 on your behalf for you're sold/destroyed/stolen vehicle, we’ll help you get your paid 2290 tax fee back.

Unsure? Let me give you some background on the form and how we can do it.

Form 8849

To put it simply, Form 8849 is designed to let the IRS know that you’ve sold your truck, or that it was destroyed or stolen and the taxes you paid on it should be returned for it that you need back.

Your previous truck is considered exempt so that tax money should come back to you.

How Does That Work?

That’s simple too! To get money back with Form 8849, just give TSNAmerica a call.

Be ready to provide us with your correct name and address ready, also your EIN, the vehicle’s information, and when it was sold/destroyed/stolen. Then let us do the rest.

One More Time for Clarity

Your sold, stolen, or destroyed vehicle is worth money if you paid your HVUT Form 2290 before selling it.

All you need to do to get a refund back on the taxes for that truck is to give us a call and let us help you.

So what are you waiting for? Pick up the phone and call TSNAmerica at 803.386.0320. We’ll be glad to help you get the money back that you deserve.

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HVUT Refunds: Form 8849

Congrats, you!

You finally got out of the old hunker of a rig, and now you drive a brand new shiny truck that’s from this century.

But you paid your 2290 for the truck before you sold it and now you’re out $500.

Well what if I told you could get that money back? Some may call it magic, others call TSNAmerica.

When we file a Form 8849 on your behalf for your sold/destroyed/stolen vehicle, we’ll help you get your paid 2290 tax fee back.

Unsure? Let me give you some background on the form and how we can do it.

Form 8849

To put it simply, Form 8849 is designed to let the IRS know that you’ve sold your truck, or that it was destroyed or stolen and the taxes you paid on it should be returned for it that you need back.

Your previous truck is considered exempt, so that tax money should come back to you.

How Does That Work?

That’s simple too! To get money back with Form 8849, just give TSNAmerica a call.

Be ready to provide us with your correct name and address ready, also your EIN, the vehicle’s information, and when it was sold/destroyed/stolen. Then let us do the rest.  

One More Time for Clarity

Your sold, stolen, or destroyed vehicle is worth money if you paid your HVUT Form 2290 before selling it.  

All you need to do to get a refund back on the taxes for that truck is to give us a call and let us help you.

So what are you waiting for? Pick up the phone and call TSNAmerica at 803.386.0320. We’ll be glad to help you get the money back that you deserve.

Read More »

Form 8849-Claim For Refund of Excise Taxes

If you sell a vehicle after you have filed your Form 2290 Return, you would need to file Form 8849, Schedule 6 in order to claim your credit.  You would also use Form 8849 if your vehicle was stolen, destroyed or for any vehicle on which the tax was paid on Form 2290 if the vehicle was used 5,000 miles or less on public highways (7,500 or less for agricultural vehicles) during the tax period (July 1–June 30).

As a premier processing agency, Truck Services of North America can file your Form 8849 for you.  TSNAmerica takes the paperwork out of your way. Check out all our services at TSNAmerica.com and fill out the Service Request Form, email us at support@TSNAmerica.com or call 803.386.0320.

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Form 2290 Credit Vehicles

IRS Form 2290, Highway Heavy Vehicle Use Tax claiming credit for the following scenarios:

• You can take credit for the vehicle if it was stolen, destroyed or sold before June 1 and not used during the remainder of the period, or
• Used during the prior period 5,000 miles or less (7,500 miles or less for agricultural vehicles).

A credit, lower tax, exemption, or refund is not allowed for an occasional light or decreased load or a discontinued or changed use of the vehicle.  What that means is if you filed your Form 2290 at 80,000 lbs, but had occasions where you operated at a lower weight class, that will not qualify you for a credit.  If you used your vehicle for only a portion of the tax year, you will qualify for the credit IF you did not exceed 5,000 miles (7,500 miles for agricultural vehicles).  If you did travel more than 5,000 miles (7,500 miles for agricultural vehicles) then you will NOT qualify for the credit.

The credit for vehicles that were stolen, destroyed or sold during the tax year will be prorated based on the dates of the occurrence.  For vehicles sold, destroyed or stolen, you must include the VIN, taxable gross weight, and date of sale, accident or theft. The credit for the tax paid can be claimed on the next Form 2290 filed or the refund can be claimed on Form 8849.  You do not have to wait until the tax period ends.

The credit for low mileage vehicles you either qualify for it and you will get the full amount that you paid as a credit or you will not qualify and you will not get any portion of the credit.  This credit is never prorated. For vehicles that tax was paid and the vehicles were used 5,000 miles or less (7,500 miles or less for agricultural vehicles), the credit (or refund) cannot be claimed until the end of the tax period for which the initial tax was paid.  Even if you know at some point during the tax year that you will not exceed the 5,000 mile mark, you will not be able to claim the credit until the tax period ends, which ended on June 30th.

The credit claimed cannot exceed the tax reported on Form 2290. If this occurs, any excess credit must be claimed using Form 8849, Claim for Refund of Excise Taxes, and Schedule 6, Other Claims.

As a premier processing agency, Truck Services of North America can file your Form 2290 Heavy Highway Use Tax and Form 8849 for you.  TSNA takes the paperwork out of your way! Check out all our services at TSNAmerica.com and fill out the Service Request Form, email us at support@TSNAmerica.com or call 803.386.0320.

Read More »

Form 2290 Credit Vehicles

IRS Form 2290, Highway Heavy Vehicle Use Tax claiming credit for the following scenarios:

• You can take credit for the vehicle if it was stolen, destroyed or sold before June 1 and not used during the remainder of the period, or
• Used during the prior period 5,000 miles or less (7,500 miles or less for agricultural vehicles).

A credit, lower tax, exemption, or refund is not allowed for an occasional light or decreased load or a discontinued or changed use of the vehicle.  What that means is if you filed your Form 2290 at 80,000 lbs, but had occasions where you operated at a lower weight class, that will not qualify you for a credit.  If you used your vehicle for only a portion of the tax year, you will qualify for the credit IF you did not exceed 5,000 miles (7,500 miles for agricultural vehicles).  If you did travel more than 5,000 miles (7,500 miles for agricultural vehicles) then you will NOT qualify for the credit.

The credit for vehicles that were stolen, destroyed or sold during the tax year will be prorated based on the dates of the occurrence.  For vehicles sold, destroyed or stolen, you must include the VIN, taxable gross weight, and date of sale, accident or theft. The credit for the tax paid can be claimed on the next Form 2290 filed or the refund can be claimed on Form 8849.  You do not have to wait until the tax period ends.

The credit for low mileage vehicles you either qualify for it and you will get the full amount that you paid as a credit or you will not qualify and you will not get any portion of the credit.  This credit is never prorated. For vehicles that tax was paid and the vehicles were used 5,000 miles or less (7,500 miles or less for agricultural vehicles), the credit (or refund) cannot be claimed until the end of the tax period for which the initial tax was paid.  Even if you know at some point during the tax year that you will not exceed the 5,000 mile mark, you will not be able to claim the credit until the tax period ends, which ended on June 30th.

The credit claimed cannot exceed the tax reported on Form 2290. If this occurs, any excess credit must be claimed using Form 8849, Claim for Refund of Excise Taxes, and Schedule 6, Other Claims.

As a premier processing agency, Truck Services of North America can file your Form 2290 Heavy Highway Use Tax and Form 8849 for you.  TSNA takes the paperwork out of your way! Check out all our services at TSNAmerica.com and fill out the Service Request Form, email us at support@TSNAmerica.com or call 803.386.0320.

Read More »

Form 8849-Claim For Refund of Excise Taxes

If you sell a vehicle after you have filed your Form 2290 Return, you would need to file Form 8849, Schedule 6 in order to claim your credit.  You would also use Form 8849 if your vehicle was stolen, destroyed or for any vehicle on which the tax was paid on Form 2290 if the vehicle was used 5,000 miles or less on public highways (7,500 or less for agricultural vehicles) during the tax period (July 1–June 30).

As a premier processing agency, Truck Services of North America can file your Form 8849 for you.  TSNA takes the paperwork out of your way. Check out all our services at TSNAmerica.com and fill out the Service Request Form, email us at support@TSNAmerica.com or call 803.386.0320.

Read More »

Form 8849-Claim For Refund of Excise Taxes

If you sell a vehicle after you have filed your Form 2290 Return, you would need to file Form 8849, Schedule 6 in order to claim your credit.  You would also use Form 8849 if your vehicle was stolen, destroyed or for any vehicle on which the tax was paid on Form 2290 if the vehicle was used 5,000 miles or less on public highways (7,500 or less for agricultural vehicles) during the tax period (July 1–June 30).

As a premier processing agency, Truck Services of North America can file your Form 8849 for you.  TSNA takes the paperwork out of your way. Check out all our services at TSNAmerica.com and fill out the Service Request Form, email us at support@TSNAmerica.com or call 803.386.0320.

Read More »