Don't
make these mistakes on your Form 2290
Online this year!
There’s
nothing worse than having to file your annual truck taxes twice.
Avoid
IRS Form 2290
Online mistakes this year when you e-file 2290 with TaxSeer2290.
We’ve got a few tips to make the process as painless as possible and save you from any unnecessary corrections.
Filing
IRS Form 2290 before the deadline will save you tons of money, but mistakes
could keep you from meeting the Form 2290 Due Date
and cost you a sweet penny.
Avoid
frustration and confusion by double-checking some information that commonly
delays IRS Form 2290 approval.
The
Most Common IRS Form 2290 Mistakes to Avoid
5
Common IRS Form 2290 Mistakes
Here are some things to be extra cautious
about when filing your 2290 Form.
How
to Check These Areas For Error
1) EIN (Employer Identification
Number) or VIN (Vehicle Identification Number)
A
unique EIN is assigned to each company operating in the US as a form of
identification for tax purposes. Your EIN should be a string of 9 numbers,
presented in this format: 12-3456789.
Since
this number looks similar to a social security number, filers often confuse the
two, causing the IRS to reject the 2290 Tax Form.
Keep
in mind that it takes 10 business days for the IRS to update its database with
a new EIN. If you’re applying for a new EIN, do so at least a month before you
e-file IRS 2290 to avoid delays.
Your
VIN should be 17 characters long and include both numbers and letters. Check
your VIN before submitting your 2290 Tax Form. If incorrect, your IRS Form 2290
will be rejected.
The
best online tax filing is quick. Don’t waste unnecessary time with mistakes.
When you e-file 2290, double-check your Form 2290 and ensure that your EIN and
VIN are correct.
2) First Used Month or Filing Year
When
filing IRS Form 2290, make sure you use the correct filing year.
Note:
If you’ve used an online filing service before, the drop-down menu could be set
to a previous 2290 Tax Form file year. Double-check!
Secondly,
choose an accurate first used month.
The
first used month is the month you first used the truck on the highway during
the tax period, which runs from July 1 to June 30 of the next year. Your Truck
Tax form is due on the last day of the month after your first used month.
This
means if you first used your vehicle in July, as most drivers do during the tax
season, then you will need to file your IRS
2290 Tax Form by August 31.
3) Gross Taxable Weight
IRS
Form 2290 tax calculations can be tricky, but don’t sweat it. At TaxSeer2290,
our system automatically calculates your owed tax amount. Leave all 2290 tax
form math to us.
It’s
important to find the best online tax filing service to save yourself time and
money. TaxSeer2290 can help!
4) Authorized Signatory Details
It’s
super easy to sign your IRS 2290 online. All you need is a 5-digit authorized
signature code. Still, no matter how simple it sounds, please just…
double-check.
5) Business Name & Address
You’d
be surprised at how many returns are rejected for this information being
incorrect!
The
wrong business name and address is the most common error on the heavy vehicle
use tax form 2290. Don’t let it happen to you!
Double-check
your business name and address before submitting your IRS Form 2290.
Why
is it so Important to Avoid IRS Form 2290 Online
Mistakes?
Even
the simplest mistake on your IRS Form 2290 can cause serious problems. For
starters, your 2290 Tax Form will definitely be rejected by the IRS.
This
is a huge time waster and may cause you to miss the HVUT Form 2290 Online Deadline.
If
this happens and you miss the deadline, you’ll need to correct your Form 2290
and file again, attaching an explanation to show reasonable cause for the delay
of your heavy vehicle use tax.
There’s
no guaranteeing that your statement will be accepted by the IRS, and if it’s
not, you’ll face heavy IRS 2290 Tax Form penalties.
The
penalty for failing to file IRS Form 2290 by August 31st is 4.5% of the total
tax amount owed. Plus, you still have to pay the base HVUT 2290 amount you owe.
In
addition, this penalty will increase monthly for up to 5 months, with an
additional .54% interest added for each month that it remains unpaid.
Save
yourself while you can and double-check your Form 2290 before you e-file 2290
online.
