Missed out your 2018-19 tax period 2290 reporting August 31 deadline? you can still prepare and report your 2290’s and pay taxes with the IRS by choosing the vehicle first month of use (July, August or September). By reporting it earlier you get a chance to minimize your late filing charges, penalties and interest on tax due….
Like every other federal tax form, late filing of Tax Form 2290 will result in penalties and
interest. When e-filing late, you’ll only pay the original taxes at the time of filing. After your 2290 has been processed, you likely get an IRS notice in the mail with penalties and interest assessed…
The total penalty for taxes that you missed to pay is calculated on a monthly basis and is about 4.5% of the total tax, for up for 5 months. The IRS can also charge interest of more than .5% (half of a percentage point) per month.
Getting Wavier for 2290 Charges
Dial IRS directly at 866-699-4096 and present your scenario for late filing and explain the difficulties you had etc. IRS could consider and wavier your charges…
How to avoid these charges in future..?
Choose #2290efile with TruckDues.com, we’ll give you reminder calls and email to keep you informed about the filing deadline and you could also follow our social profiles to get an update of filing period.
Truck Tax Dues 