Use IRS Tax Form 2290 to:

• Figure and pay the tax due on highway motor vehicles used during the period with a taxable gross weight of 55,000 pounds or more;
• Figure and pay the tax due on a vehicle for which you completed the suspension statement on another Form 2290 if that vehicle later exceeded the mileage use limit during the period;
• Figure and pay the tax due if, during the period, the taxable gross weight of a vehicle increases and the vehicle falls into a new category;
• Claim suspension from the tax when a vehicle is expected to be used 5,000 miles or less (7,500 miles or less for agricultural vehicles) during the period;
• Claim a credit for tax paid on vehicles that were destroyed, stolen, sold, or used 5,000 miles or less (7,500 miles or less for agricultural vehicles);
• Report acquisition of a used taxable vehicle for which the tax has been suspended;
• Figure and pay the tax due on a used taxable vehicle acquired and used during the period.

Benefits of Form 2290 Electronic Filing

The foremost is receiving back your IRS stamped Schedule-1 proof instantly, IRS could receive your returns and process it faster than any other way of filing. Choosing online filing or electronic filing eliminated all possible human errors that could happen in a tax return. Let see some of the larger benefits of e-filing with Tax2290.com

• Faster Processing – e-filed returns are processed much faster than paper filed returns.
• Proof of Receipt – confirmation that your return was received and accepted, IRS stamped Schedule-1 proof is sent to your mail inbox immediately.
• Instant Text Alert – Text Alert on return status once there is an update from IRS
• FAX copies – receive copies of your Schedule-1 to your FAX instantly and a copy to your email inbox.
• Convenience – available online 24 hours a day, 7 days a week. File your 2290 tax returns any time. File amendments and correction on the same day, in less than an hour.
• Ease of use – user friendly, with step-by-step instructions and clear screens indicators to walk you through the filing process. E-file is a cake-walk
• Greater Accuracy in Processing – zero down math errors because Tax2290.com software catches many mistakes and will not sent an incomplete return to IRS.
• Pay Right – while you e-file you pay the tax that you owe not extra or less.
• Electronic Payment – convenience of direct withdrawal of tax due and EFTPS option to make payments.
• Less Hassle, No Mails – no mailing of paper returns and waiting for mails for weeks, everything is managed electronically and digitally.
• Security – safer than mailing your tax return and sent right to the IRS server no more data loss.
• Avoid paying extra – when you e-file you can make sure your return reaches them well in the time frame no late penalties or late filing charges.
• Import tax return – you could import the tax returns from your previous years and no need to look around for details in your files.
• Bulk Upload – when you file for larger fleets you can bulk upload the VIN# from your excel spread sheet and no need of keying in one after the other.
• No more typos – while you e-file you won’t get typos such us 1 for I or 0 for o etc.

Electronic filing is by and large the best way of reporting 2290 heavy vehicle use tax returns with the IRS and through Tax2290.com you get the best available resources. The most trusted and rated website since 2007.