The
IRS Form 2290 is one of the most important pieces of legislative mandates which
affect truck operators directly. As the IRS classes any vehicle which weighs
above 55,000 pounds as heavy, it requires all operators who use them on public
highways to file for Form 2290. One important consideration is the time period
within which the Form 2290 is to be filed. Failure to file the form 2290 within
the specified due dates can lead to penalties which can, in turn affect a truck
operator’s or a company’s credit scores.
How Does the Taxation Period Work?
Usually,
the annual IRS 2290 filing period starts on July 1st and concludes
at June 30th of the next year. Vehicles which are already being used
at the beginning of the tax period need to be filed before August 31st.
The due date for a partial period return depends on the month the vehicle was
used first in. If you acquire any new taxable vehicles on a public highway
during months other than July, then that vehicle needs to be filed for form
2290. Such vehicles must be filed by the last day of the month following the
month the vehicle was first used on a highway. All taxes need to be paid in
full and in advance.
Form 2290 Due Dates - 2013 - 14
Remember that these dates apply regardless of whether you are paying the
tax or reporting a suspension of tax. Always pay your form 2290 taxes on time
in order to avoid interests and penalties.
Month Vehicle Was Used
First In
|
Due date
|
July 2013
|
03 September 2013
|
August 2013
|
30 September 2013
|
September 2013
|
31 October 2013
|
October 2013
|
02-December 2013
|
November 2013
|
31 December 2013
|
December 2013
|
31 January 2014
|
January 2014
|
28 February 2014
|
February 2014
|
31 March 2014
|
March 2014
|
30 April 2014
|
April 2014
|
02 June 2014
|
May 2014
|
30 June 2014
|
June 2014
|
31 July 2014
|
These form 2290 due dates should help you plan out your
filing better, so keep them in perspective. Now, given the penalties at stake,
it would be wise to make IRS 2290 filing as quick, effortless and efficient as
possible. These days you can use online software providers dedicated to helping
you with your IRS 2290 filing. E-Filing as can allow you to
file your form 2290 in a matter of minutes, besides you can also keep a
complete personal, business and vehicle profile online which you can access
from anywhere in the world. Submitting a completed form 2290 to the IRS can be
done instantaneously and you will receive your Schedule 1 just as quickly.
Finally, you can also make amendments, add or subtract taxable vehicles
immediately rather than having to start the whole process over again. Simply
put, form 2290 due dates will never again be an issue. Give e-filing a shot, it is by far the easiest way for IRS
2290 filing to date!
