For e-filling Form 2290

Categorizing accurately your vehicle will allow you to file the form 2290 error-free. In this blog, we will be providing you important information to consider before filing the form to ensure that you will not be overpaying the tax and more specific information. Taxable Vehicle A v ehicle that is having a gross weight of 55,000 pounds or more and run more than 5000 miles (7500 miles for t he agricultural vehicle) in a tax year (from July 1 to June 30 of the following year ) is considered as a taxable vehicle. Exempted Vehicles The use of a highway motor vehicle isn’t subject to the tax if it is used and actually operated by: -The Federal Government -The District of Columbia; -A state or local government; -The American National Red Cross; -A non-profit volunteer fire department, ambulance association, or rescue squad; -An Indian tribal government but only if the vehicle’s use involves the exercise of an essential tribal government function; -A ma...

While filing a form 2290 , normally many tax filers have a question about what is “Third Party Designee?”. Well, it is about giving authority to a third person, aside from your self, to discuss Form 2290 in the future with the IRS. That third party can be anyone such as an employee of your business, a return preparer or anyone you authorized to handle your tax return on your behalf. While e-filing Form 2290 online with www.form2290.com you just need to check mark “Yes” option if you want to allow any third party designee to discuss your Form with the IRS. Once you select ‘Yes’, it shows to enter the third party’s name, email address and any five digits that person chooses as his or her personal identification number (PIN). This authorization applies only to the Form 2290 you allow the third party to be on it. By selecting ‘Yes’ you are authorizing IRS to speak to the third party person or ask any question relating to the information you entered on your Form 2290 . You are als...

After filing the form 2290 and received the schedule 1, the next thing you need to do is to ensure that the tax has been paid. And there are few option IRS has set for the taxpayers to select to complete the tax payment while filing the form 2290 online . Yes, you can opt whichever way you feel convenient to complete the tax payment. There are four options to select which we explained in detail as below. Electronic Fund Withdrawal (EFW or Also known as direct debit) This is the most common option used to pay the online From 2290 tax. You simply need to enter your banking information like account number and routing number, once your form is accepted, IRS will debit the tax due from the bank automatically. Please double check the account number and routing number to ensure it is correct to avoid any rejections or late payment penalties. Please make sure that you have enough balance in your bank account to pay the tax amount as IRS normally debits the account within 24-4...

Electronic Federal Tax Payment System (EFTPS) is a service provided by the federal government to pay the taxes without any cost. They began this service since 1996, from then until now, millions of individuals, government agencies, paid preparers, tax professionals and payroll services have utilized this option to pay the taxes. EFTPS service can be used online by using their website www.eftps.gov or by calling a voice-based system. Also, tax professionals, financial institutions and payroll services can use special channels designed for them. It is an easy option to use EFTPS as a payment mode while filing the Form 2290 online. EFTPS is an easy, safe and secure service being operated by the government online or over the phone, 24 hours and 7 days a week. One can schedule tax payment up to 365 days in advance. How it works: Step 1: Online enrolment – Keep the following ready to get enrolled; Taxpayer Identification Number (EIN if you are enrolling for business...

Gather all required information before you begin. - Employer Identification Number (EIN): Many tax filers try to use Social Security Number instead of EIN while filing the form 2290 online. IRS does not accept Social Security Number on Form 2290 . If you do not have EIN, apply one. Once you apply for a new EIN, it takes about 10 to 15 days to activate and establish in IRS systems. For new EINs; as soon as you submit the form 2290 with new EIN, IRS will reject it due to a new EIN. W e have an automatic system on www.form2290.com to keep re-submitting the rejected Form 2290 due to new EIN. The EIN and Business name (the name assigned while applying for EIN) must be entered as same as IRS record. - Taxable Gross Weight: People often get confuse about selecting gross weight. T axable gross weight is 55,000 pounds or more t hat includes truck, trailer and maximum load. In most cases, tax filers select gross weight as empty vehicles weight. Which later...

There are several ways tax payers can file form 2290 with the IRS and e-filing form 2290 online is the most popular. As this way of filing is quick, easy, and convenient. Many people think like if they have a single truck less than 25 trucks they cannot file form 2290 online , which is really not true. A person who is having a single truck can also utilise  this efficient option. A good number of advantages are there to file form 2290 electronically on www.form2290.com such as; It requires less time to file online in compare to paper filing (and filling out).. Easy to follow step by step process to complete the submission. Uploading Bulk VINs saves time to add multiple VINs. Tax filers have multiple payment options to complete their tax payment dues. Takes about 2 to 3 minutes (normally) to get schedule 1 back after submitting form If form 2290 gets rejected then it is too simple to fix and resubmit. ...