IRS Confirms on Form 2290 for the Tax Period July 2012-June 2013

Andrew Knott
October 29, 2012 — 1,512 views  
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Finally IRS has confirmed that Form2290 filings for Tax period July 2012-June2013 will be open from July 1st, 2012. The due date is restored to its customary date (the last day of the month following the month of first use), unlike prior Tax Period July 2011-June 2012 where the due date for Form 2290 was temporarily changed for July, August, September and October. This means your HVUT is due on the normal date of August 31, 2012 for vehicles first used in July 2012.

When to File:

Form 2290 must be filed for the month the taxable vehicle is first used on public highways during the current period. The current period begins July 1, 2012, and ends June 30, 2013. Form 2290 must be filed by the last day of the month following the month of first use.

If you first use multiple vehicles in more than one month, then a separate Form 2290 must be filed for each month.

The filing rules apply whether you are paying the tax or reporting suspension of the tax.

Truckers must report the vehicle first used in July on the return normally due on August 31, 2012.

IF, in this period, the vehicle is first used during …            THEN, file Form 2290 and make                                                                                                                                                           your payment by…

  • July, 2012                                                                        August 31, 2012
    August, 2012                                                                   September 30, 2012
    September, 2012                                                             October 31, 2012
    October, 2012                                                                 November 30, 2012 
    November, 2012                                                              December 31, 2012
    December, 2012                                                              January 31, 2013
    January, 2013                                                                  February 28, 2013   
    February, 2013                                                                March 31, 2013
    March, 2013                                                                     April 30, 2013
    April, 2013                                                                        May 31, 2013
    May, 2013                                                                        June 30, 2013
    June, 2013                                                                       July 31, 2013

File by this date regardless of when state registration for the vehicle is due.

Getting Started:

Filling IRS Form 2290 is quite easy; just have the following information available:

* Your employer identification number (EIN). You must have an EIN (minimum 15days older)    to file Form 2290. You cannot use your social security number.
* Name and Address of the Business
* The vehicle identification number of each vehicle
* The taxable gross weight of each vehicle to determine its category

How To File:

Electronic filing:

IRS has mandated e-filing for taxpayers with 25 or more vehicles with registered gross weight of 55,000 lbs or more, but always encouraged everyone to do e-filing

To avoid being caught by scammers, one has to be very careful when choosing a service provider for filing Form 2290. IRS has listed the authorized service providers on their website, where Tax2290 is the 1st ones to be certified.

Here are some of the benefits to file Form 2290 with Tax2290:

IRS stamped Schedule 1 copy in minutes.
Instant Text alert on status.
Schedule 1 copy by FAX.
Bulk Upload for large fleet.
Import tax details from previous year tax return.
Full Service for those who find no time to prepare a return.
Maintain Unlimited Business with a single account.
Support through the way until you complete a tax return and get Schedule 1 copy.
Two weeks refund delivery on Form 2290 filing along with electronic deposit.
Easy of access anywhere anytime.
Safe and retrievable data at any point of time.
Easy Rectification and Re-submission on an error filing.

Register Your Newly Acquired Vehicle and get tags by filing 2290 tax form in no time through Tax2290.

Andrew Knott