Truckers should consider using e-file to submit Form 2290 by Aug. 31

Owners of heavy highway vehicles should mark Aug. 31 on their calendars. That’s the deadline to file Form 2290, Heavy Highway Vehicle Use Tax Return. Here are some things that these vehicle owners should know about this form:

• The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more.
• The weight limit generally includes large trucks, truck tractors and buses.
• The tax is based on the weight of the vehicle and a variety of special rules apply. These special rules are explained in the instructions to Form 2290.
• Taxpayers may now pay the heavy highway vehicle use tax with a debit card or credit card. Payment can be made over the internet, phone or mobile device.
• Some taxpayers have the option of filing Form 2290 on paper. However, taxpayers with 25 or more taxed vehicles must e-file Form 2290. Try Truckdues.com the most economic efile website for 2290 tax.
• Vehicle owners must file returns and make tax payments by August 31, 2018, for vehicles used on the road during July.
• All owners should consider filing and paying electronically. They don’t need to visit an IRS office because owners can file the form and pay any required tax.
• Generally, e-filers receive their IRS-stamped Schedule 1 electronically minutes after filing. They can then print the Schedule 1 and provide it to their state department of motor vehicles, without visiting an IRS office.
• For those who want face-to-face service, all IRS Taxpayer Assistance Centers now operate by appointment and taxpayers can call 844-545-5640 to schedule one.

 

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Owner Operators

Partner your business with the best platform to report your truck taxes, electronically. As owner operators, you have already made a huge commitment to the trucking industry by purchasing your own trucks. We are the best partner company to support you with 2290 reporting services.

Small and Mid-Size Trucking Companies

You may go on instantaneous trips between your filing schedules, small and mid-size trucking company owners can now make better decisions about choosing your e-file partner, a platform to take care and manage your 2290 truck tax needs. No special training, dedicated server or hardware purchase is required; all you need is computer with internet to do your 2290 taxes. You could also use your smart mobile devices to do 2290’s online.

Trucking Corporates

Save your money by choosing the best platform to prepare and report the vehicle use taxes electronically. Managing your huge fleet of trucks is already a big task for you and getting the tuck taxes filed on time could be challenging. Our e-file platform simplifies your heavy vehicle use tax preparation; add up to 75,000 vehicles in one single click.

Do I need EIN to eFile my 2290 Tax Returns?

This is the common question that we come across in our support center. Yes, EIN (Employer Identification Number) or the Federal Tax Identification Number (FTIN) is a must to file 2290 tax returns electronically with the IRS.

What is EIN?

An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, businesses need an EIN. You may apply for an EIN in various ways, and now you may apply online. This is a free service offered by the Internal Revenue Service and you can get your EIN immediately. You must check with your state to make sure you need a state number or charter.

EIN is a nine-digit number that IRS assigns in the following format: XX-XXXXXXX. It is used to identify the tax accounts of employers and certain others who have no employees. However, for employee plans, an alphabet (for example, P) or the plan number (e.g., 003) may follow the EIN. The IRS uses the number to identify taxpayers that are required to file various business tax returns. EINs are used by employers, sole proprietors, corporations, partnerships, non-profit associations, trusts, estates of decedents, government agencies, certain individuals, and other business entities. Use your EIN on all of the items that you send to the IRS and the Social Security Administration (SSA).

Note: An EIN is for use in connection with your business activities only. Do not use your EIN in place of your social security number (SSN).

Do You Need an EIN?

You will need an EIN if you answer “Yes” to any of the following questions.

Do you have employees?	YES	NO
Do you operate your business as a corporation or a partnership?	YES	NO
Do you file any of these tax returns: Employment, Excise, or Alcohol, Tobacco and Firearms?	YES	NO
Do you withhold taxes on income, other than wages, paid to a non-resident alien?	YES	NO
Do you have a Keogh plan?	YES	NO
Are you involved with any of the following types of organizations? ·      Trusts, except certain grantor-owned revocable trusts, IRAs, Exempt Organization Business Income Tax Returns ·      Estates ·      Real estate mortgage investment conduits ·      Non-profit organizations ·      Farmers’ cooperatives ·      Plan administrators	YES	NO

How to apply for EIN online?

The EIN application can be made online at the IRS.gov official website of IRS. Check out here for more information and also to apply online.

More of your questions answered here, check out to different scenarios and situations beside EIN.

Otherwise use Form SS-4, to manually file for your EIN.

More Information on EIN:

You should have only one EIN for the same business entity. If you have more than one EIN and are not sure which one to use, call the Business and Specialty Tax Line at 1-800-829-4933 (TTY/TDD users can call 1-800-829-4059).

Provide the numbers that you have, the name and address to which each was assigned, and the address of your main place of business. The IRS will tell you which number to use.

If you do not have your EIN by the time your return is due, write “Applied For” and the date that you applied for it in the space shown for the number.

Understanding Your EIN : to understand more on your EIN check out here