08-30-2024
Form 2290 Due Date is Nearing
Owners of heavy motor vehicles or trucks with a taxable gross weight of 55,000 pounds or more that operate on public highways are required to pay Heavy Vehicle Use Tax (HVUT). This tax is filed using IRS Form 2290.
When is Form 2290 Due annually?
Typically, the annual form 2290 filing deadline is August 31, but it has been extended to September 3, 2024, this year. As this date approaches, it’s important to stay on top of your filing requirements.
What happens if I don’t file before the due date?
According to IRS regulations, failing to pay the Heavy Vehicle Use Tax (HVUT) by the due date will result in penalties. Missing the deadline could lead to additional charges, so it's important to file and pay the tax on time to avoid these penalties and protect your finances. For more details on how to avoid form 2290 penalty, refer to our blog.
Missing the Form 2290 due date can also have further consequences beyond penalties, such as increased scrutiny through audits, damage to your brand reputation, and the potential loss of tax credit claims.
How to File Form 2290?
There are two methods available for filing Form 2290:
Manual Filing: This traditional paper-based method involves downloading Form 2290 from the official IRS website, filling out the required information, and Mailing it to the IRS at the designated address.
Electronic Filing: This is the preferred and IRS-recommended method, as it saves both time and money. To file electronically, it’s best to use an IRS-approved online portal like SimpleForm 2290 for a seamless filing experience. Check out our Form 2290 Cost as we are the most inexpensive in the US.
We recommend reading our blog on the form 2290 last minute filing checklist under the blog section. This checklist includes all the necessary details for both manual and electronic filing, helping you prepare in advance and avoid common errors or the need for refiling.
WRAP:
As there is only a few days left, you'll understand the importance of paying the tax amount before the due date. With the deadline approaching, it's not best to wait until the last minute.
File your 2290 Online now!