Complying with IRS Form 2290 Heavy Use Vehicle Tax (HVUT) filing requires you to either own or operate heavy trucks and The IRS permits multiple trucks filing under a single submission which is efficient and effortless. This article focuses on making the filing easier for you by providing you with some steps.

Collect Truck Information and EIN

Determine your gross taxable weight before filing as it will alter the amount of your HVUT. If you purchased additional trucks, they also need to be reported in your filing. Furthermore, each truck's Vehicle Identification Numbers (VINs) alongside your Employer Identification Number (EIN) should also be provided.

Select Your Preferred Filing Method

You can e-file using IRS approved e-file providers which will automatically file the Form 2290 for you. Postal services may be used to file Form 2290 if the truck count is below 26. Although slower than e-filing, receiving your Schedule 1 is still possible through the mail.

Determine the Tax Amount and Make Payment to Complete Submission

The appropriate tax can be found using the 2290 tax calculator or the IRS tax table. The payment can be made through check, money order, electronic funds withdrawal (EFW), or EFTPS. Ensure accurate payment is made to avoid complications further down the line.

Collection of Stamped Schedule 1

Collection of the stamped Schedule 1 Mark can be done after the step that indicates e-filings payment has been completed. The IRS will maintain a record of stamped Schedule 1 which indicates proof of payment. It helps ease the process of renewing registration for the vehicle to help comply with various state and federal laws. Those that opt for e-filing will notice that Schedule 1 can be acquired within minutes to hours, while paper filers have to wait.

Filing Form 2290 for multiple trucks becomes a simple endeavor when everything else falls into place. Ensuring that all documents are in standard order, opting for e-file services, submitting at the right time and other simple practices can help achieve HVUT filing and remain within IRS regulations.

Note: For more information, visit IRS website