E-filing Form 2290 – Knowing the Requirements
For a simple e-filing of Form 2290, you just need to have all the necessary information at your fingertips. This is a comprehensive guide that will take you through major requirements and frequently asked questions for an easy e-filing experience.
Form 2290 E-Filing Key Information Needed
Employer Identification Number (EIN)
An Employer Identification Number (EIN) is required for e-filing Form 2290. The IRS issues this exclusive number which identifies your business entity.
What if I don't have an EIN yet?
If you do not have an EIN, you must apply for one with IRS before filing Form 2290. There are three ways in which you can apply: online, by fax or mail application. However, it’s important to remember that instead of this submission, you cannot use Social Security Numbers (SSN).
Vehicle Identification Number (VIN)
The Vehicle Identification Number (VIN) is a unique code given to each vehicle. It is the one that identifies the specific truck being taxed in a particular way.
Where can I find the Vehicle Identification Number (VIN) for my vehicle?
You may find VIN on your vehicle registration card; driver dashboard on left side or inside driver door usually has it written there .
Taxable Gross Weight
The amount of tax owed depends on the taxable gross weight of your vehicle(s). Such weight includes unloaded vehicle weight, unloaded trailer weight(s), and maximum load typically carried by them.
How do I calculate the Taxable Gross Weight of my vehicle?
To compute taxable gross weight add:
- The weight of an empty truck.
- The weight of any trailers that are normally coupled to the truck.
- The maximum load commonly borne by the truck and trailer.
Mileage Information
For assessing whether or not your vehicle qualifies for any mileage exemptions, IRS needs mileage information.
Do I need the exact mileage for each vehicle?
Yes, it is important to provide right mileage details. For example, trucks that move less than 5,000 miles (7,500 for farming vehicles) annually of tax period may be charged with a lower fee or exempted from taxes below this rate .
Common Questions on E-Filing Form 2290
What additional information might my e-filing provider require?
In addition to your EIN, VIN and taxable weight gross weight there could be other details your e-filing provider needs such as:
- Your contact information.
- Method of payment for the due tax.
- Information about suspended vehicles when applicable.
What if I'm unsure about the taxable status of my vehicle?
When you are in doubt about whether your truck is taxed or not consult IRS guidelines or seek counsel from a tax professional. Generally, any vehicle used on public roads whose taxable gross weight exceeds or equals 55,000 pounds is subject to Heavy Vehicle Use Tax (HVUT).
This will no doubt save you time while at the same time increasing accuracy in your tax reporting. When you have your EIN, VIN, taxable gross weight and mileage details ready , you shall sail through without any difficulties during e-filing.Now refer to some IRS resources in case of doubts anytime during filing process; also consult a tax expert on how to determine such issues like ‘is my truck taxable?’