IRS HVUT Form 2290 e-file Prerequisites

Precise2290 provides wizard-based form 2290 online filing option to the Truckers and Tax Professionals to quickly & securely submit error-free e-filings in the most cost effective way and get the IRS stamped proof of payment within 5 minutes. The proven e-filing workflow ensures that new users very easily submit the filings to the IRS system without needing assistance from us. To make sure that the entire process goes through smoothly, there are some prerequisites that the e-filers should be aware of before they start the HVUT Form 2290 e-file with the IRS through Precise2290:

1. Email Address to sign up and operate the account: A valid email address of the user operating the account will be required to sign up on the Precise2290.com site. All email communications including the delivery of IRS Stamped Schedule 1 is sent to this address. The sign up process on Precise2290.com site is very easy and just need the first & last name, email address and a password of the user to create an account. Forgot Password option can be used to recover the password incase the user forgets the password.
2. Business Information: The user is required to provide the business details of the organization filing the Form 2290 or Form 8849 returns. Some of the key information related to the business are:
   1. Business type – Correctly select the business type from the list e.g.; Corporation, Estates, Partnerships, Trust and Fiduciaries, Exempt Organization, Inc, LLC, Sole Proprietorship, and Others
   2. Business Name & Doing Business As (DBA) name – Use DBA only if it is used otherwise ignore it
   3. Employer Identification Number (EIN) – EIN should be at least 2 weeks old before the efile can be submitted for the business
   4. Business Address – Enter the current business address without any special character
   5. Contact Information – Contact details for the business
   6. Signing Authority details – A 5-digit PIN# is required along with the signing authority details. This is used by the IRS for the verification purpose when the e-filer contacts IRS for any issue

SSN cannot be used to file form 2290 and only EIN of the business can be used. IRS suggest that businesses with new EIN should wait for at least 2 weeks before they submit the form 2290 e-file with the IRS as it takes that much time to update the new EIN in the e-file system. Any e-file submitted before that will result in the rejection of the filing.

• Vehicle(s) VIN & Gross Weight: E-Filer will require the Vehicle Identification Number (VIN) number of the vehicle which is generally a 17 character identification number used to uniquely identify a vehicle. The gross weight of the vehicle (the empty weight of the vehicle plus the maximum weight that it will carry on it) will be required and the system will automatically calculate the taxes based on that. You will also be required to know under which category the vehicle has to be filed e.g., Taxable, Tax-Suspended, or Agricultural.

A vehicle whose gross weight is 55,000 pounds or more and the total mileage for the entire tax year exceed 5000 miles (7500 miles for the agricultural vehicles) is considered a taxable vehicle and taxes should be paid to the IRS. If the mileage on the vehicle is less than 5000 miles (7500 miles for the agricultural vehicles) in the Tax year then it is called a Tax-Suspended vehicle. It is to be noted that no tax is applicable for the tax-suspended vehicle but reporting to the IRS is mandatory.

• IRS payment related details:  IRS provides four payment options through which the HVUT payment can be done 1) Electronic Fund Withdrawal (EFW) from the checking / saving account 2) EFTPS 3) Check/Money Order 4) Credit/Debit card

If the e-filer selects the Electronic Fund Withdrawal (EFW) payment option to pay through the checking/saving account, the bank account# and the routing # is required. For the EFTPS payment option, an EFTPS account with the IRS is required. For further information or enrolling into the EFTPS account, please visit the website www.eftps.gov. If the Check / Money Order payment option is selected then the check or money order should be mailed to the IRS with the 2290V voucher that is generated with the completed form 2290. For Credit/Debit card payment option, the e-filer has to go to a different site ( https://www.irs.gov/payments/pay-taxes-by-credit-or-debit-card) to make the payment. There is a convenience fee of around 2% charged by the credit/debit card payment processing vendors

• Credit Card details to pay for the Precise2290 service charge: We accept credit card for the e-file service charge payment and the e-filer can choose from any card from leading vendors like American Express, Visa, and Master card to make payment. The card number, expiration date, CVV#, Name on the card, and the billing address will be required to make the payment for our service charge.

Once the aforementioned information is in-hand the e-filer can go to the website www.precise2290.com and click on the sign up option to create a free account with us. Once logged into the Precise2290 system, click the Start Filing button and the e-file wizard will guide the user step-by-step to complete and submit the HVUT filing. IRS stamped Proof of Payment (Schedule 1) will be provided within minutes which can be printed and presented to the DMV to obtain/renew the vehicle tag. This is in sharp contrast to the paper filing which takes weeks to receive the IRS stamped proof of payment and the filing records are available online for at least 5 years.

About Precise2290 Precise2290 is a leading IRS-authorized e-file service provider offering e-filers the best cloud-based solutions to perform online filings of Forms 2290, Form 8849 – Schedule 6, and Form 2290 Amendments. As part of our commitment to make e-filing easy and convenient, we are always available and users can contact us over the phone at (240) 308-5907. You can also reach us via live chat or email us at support@precise2290.com.

Top reasons for why you should use Precise2290 to e-file Form 2290

The recent trends have shown that truckers and tax professionals have been switching their Form 2290 e-file services to Precise2290 due to the exorbitant e-filing service charges charged by some IRS approved e-file service provider as well as the inflexibility and slow speed of their system. Precise2290 provides the real self-service to the trucking community to easily and securely perform online form 2290 filing and deliver the IRS stamped schedule 1 within 5 minutes. The online filing service has been smartly developed to make sure that any new e-filer can very easily sign up to the site, complete the filing with the help of the online navigator, and finally submit the filing & receive the IRS stamped schedule 1.

The disgruntled users of the existing Heavy Highway Vehicle Use Tax (HVUT) e-file service providers are struck by the competitive prices offered by Precise2290 and the claims related to the service speed, flexibility and security. Some of the questions that our chat support team often receive from them are as follows:

• Why are Precise2290 prices so competitive with respect to the other e-service providers?
• I know that you are IRS approved vendor and don’t see any negative comment on the website but are your services secure?
• How long does it take to receive the Schedule 1 from IRS?
• Is the service available all the time?
• What are the benefits for the Tax Professionals?
• What type of support do you provide to resolve any issue?

Our chat support very eloquently explain them the various features provided by Precise2290 to perform online form 2290 filing and how they can use our IRS HVUT e-file services to support the trucking industry to file truck taxes with speed and ease.  The following details are generally provided to the IRS form 2290 e-filers to answer their questions:

• Cost Effectiveness: Our charges are competitive due to the efficient & well-designed Form 2290 & Form 8849 e-filing application that consumes fewer resources.
• High Security & Privacy: We use SSL-encrypted connections for transferring sensitive information. Our payment processing service is certified as PCI Level 1 Service Provider. This is the most stringent level of certification available in the payment industry. For security reasons, we do not store the credit card information in our database. The Web Application Firewall used on our site very easily segregates the traffic to our site and prevents any malicious attacks.
• Get IRS Stamped Schedule 1 within 5 Minutes: Our fully automated e-filing background process provides Schedule 1 within 5 minutes after form 2290 is submitted. Schedule 1 is emailed to the registered email address and you can also download it from the Precise2290 site.
• 24/7/365 Availability: As part of our commitment to make e-filing easy and convenient, we are always available. Our application runs 24 hours on Cloud environment and users can access the system anytime, from anywhere, and from any device.
• Bulk Upload Program: Our unique bulk upload program enables tax professionals to upload multiple businesses complete filing information through a single Excel file for fast and easy data entry.
• Benefits to the Tax Professionals: You can manage all your clients through a single account at a discounted rate. You do not need to have multiple logins to manage your customers.
• Great Chat & Email Support: Our chat support is available in the weekdays from 9 AM to 6 PM (EST). Our email support is available 24/7/365 and you can send your questions at support@precise2290.com.
• Wizard-Driven e-filing: Precise2290 provides wizard-driven form 2290 e-filing for guided and error-free submissions.
• Easy Form 2290 Amendments: Easily perform form 2290 amendmentsfor VIN Correction, Taxable Gross Weight increase, and exceeding Mileage limit.
• Great e-Filing Experience: We provide easy self e-filing owing to our great user interface design.
• Cloud-enabled Solution: We extend the security, intelligence, availability, and agility of the application on Cloud.
• E-Wallet Feature: Using the e-Wallet allows users to buy the credit by using the credit card once and then use the credit to pay for the service charges for multiple filings and thus reduces the number of time the user has to enter the credit card information on the site.
• Reward Program: Our system rewards users each time they buy the credits in bulk as well as on submission of large number of efilings.

About Precise2290

Precise2990 is a leading IRS approved and authorized e-file service provider to help truckers and tax professionals perform online filing of Form 2290, Form 8849 (Schedule 6), and Form 2290 Amendments. As part of our commitment to make e-filing convenient, we are available via phone at (240) 308-5907 or via email at support@precise2290.com. Contact us today for help getting started!

IRS Stamped Schedule 1 (Proof of Payment) for Form 2290 online filing

When you file your heavy highway vehicle use tax (HVUT) online with the IRS, you will receive a stamped form 2290 Schedule 1 document. This Schedule 1 can be used as confirmation with the DMV when registering your heavy vehicle(s) that your Federal Tax Form 2290 has been received and accepted by the IRS. If you file your HVUT form 2290 in a traditional manner, you may spend weeks waiting for your IRS stamped proof of payment – Schedule 1 document while your trucks are sitting idle, not earning you money.  Instead, when you choose to e-file using TaxSeer2290, your electronic filing data is transmitted to the IRS system within seconds. The IRS system will then check your Form 2290 against the information in its database. Once your Form is confirmed as complete, you will receive your digitally stamped Schedule 1.  When you file with TaxSeer2290, the entire process takes minutes, not weeks!  Let’s take a closer look at what is included in your stamped Schedule 1 document.

Standard Content of the Schedule 1

The Schedule 1 document contains standard filing information for your business such as the Employer Identification Number (EIN), Business Name, Doing Business As (DBA), Business Address, Tax Year, Month of First Use, Vehicle Identification Number (VIN), and Vehicle Weight Categories. Since you may enter multiple VINs as part of your e-filing, these VINs and corresponding vehicle category will be displayed on your Schedule 1 in a tabular format. The DMV will check that this information matches with what is listed in your vehicle’s registration. Even though your Schedule 1 serves a proof of payment for your HVUT, the actual paid tax amount will not appear on the document. Instead, the VIN and the vehicle category printed on the Schedule 1 serves as confirmation that your HVUT has been paid.

Taxseer Wallet For Easy Form 2290 Electronic Filing

TaxSeer2290.com is proud to offer two new features to our valued users: TaxSeer Wallet and TaxSeer Rewards!  Form 2290 online filing to the IRS just became easier and more secure!  

What is the Taxseer2290 Wallet?

TaxSeer offers the lowest service charges in the industry for filing your Form 2290 & 8849 to the IRS.  And now, in response to heavy demand from both individual filers and tax professionals, our service charges can be paid using credits from your TaxSeer2290 Wallet!  Rather than spending valuable time entering your credit card information each time you need to pay e-file service charge, users can now pay directly using credit stored in their TaxSeer2290 accounts.  These credits can be purchased through the TaxSeer2290 website, and since credits never expire, they can be used to pay for any future Form 2290 & 8849 filings (though they are not eligible to be used to pay your actual tax burden to the IRS). If you are a tax professional who manages e-filing for multiple businesses, your credits can be used for multiple clients, saving you time and ensuring client security.

What is the Taxseer2290 Reward Program?

In addition to the TaxSeer Wallet, we are pleased to announce the rollout of our TaxSeer2290 Rewards Program!  Users who purchase at least $200 worth of credit for their TaxSeer 2290 wallets will be rewarded with an additional 10% of the credit amount for free (when no other discounts are applied).  We’re pleased to be able to provide this to both our loyal returning customers as well as those who are first time users of TaxSeer2290!

How do I Take Advantage of These Exciting New Features?

Take advantage of these new features by signing up with TaxSeer today!  Simply follow the steps below to get started:

• Create a free account on www.Taxseer2290.com
• Enter the requisite business information for Forms 2290 and 8849, including your DBA name, business type, Employer Identification Number (EIN), Address, Contact Information, and authorized signatory.
• Select the relevant HVUT form type from the available options.
• Enter the the month you would like to begin filing (July of the current year if you started operating prior to the month of July).
• Enter information for all taxable (>5000 miles), suspended (<5000 miles), and credited (destroyed/damaged) vehicles.  Our TaxSeer2290 system will automatically calculate the total taxes and credits due based on the information provided on your fleet.
• Select the type of payment you will use for your HVUT payment to the IRS.  We offer direct debit, electronic federal tax payment system (EFTPS), and check/money order payments
• Provide your consent to the IRS to disclose information about your HVUT payment to other federal agencies.
• Designate an employee, return preparer, or other third party to manage your Form 2290 or 8849 e-filing with the IRS (optional)
• Review the TaxSeer2290 filing summary and make any final changes to ensure all of your information is correct before submission.
• Pay the affordable TaxSeer2290 service charge via Credit Card.
• Download your completed Form 2290 and the IRS Stamped Schedule 1.  These documents will also be sent to the registered email on your account.

As part of our commitment to make e-filing convenient, we are available via phone at (240) 780-6153 or via email at support@taxseer2290.com. Contact us today for help getting started!