The last date for filing 2290 form for 2022-23 is here. Hurry up before the deadline ends.
If youโve been following this space, you would know that the IRS Form 2290 is due by the end of this August for the 2022-23 tax period.
If you own a highway motor vehicle weighing 55,000 pounds or more, then it qualifies for the 2290 HVUT tax regime.
Factors, such as the taxable gross weight of the vehicle, month of first use, vehicle category, and the mileage use limit are considered when computing the 2290 HVUT tax.
If you havenโt prepared your 2290 forms yet (start preparing them now by signing up with us here) and looking for a quick and easy way to get information and file your 2290 returns online, youโve come to the right space.ย
Useful Links
โ Use this guide with box-wise instructions to prepare your 2290 tax forms
โ Use this checklist to quickly review your 2290 tax forms
Find all the information you need about the 2290 tax filing deadline in the following discussion.
Who needs to file the IRS HVUT 2290 form?ย
- If youโre a trucking business, owner-operator, small trucking company, or fleet owner, you need to file a 2290 return with the IRS.
- You need to file a 2290 form for highway motor vehicles if the gross taxable weight of the vehicles is 55,000 pounds or more.
- Regardless of the mileage use limit of the vehicle (which is 5,000 miles for regular vehicles and 7,500 miles for agricultural vehicles), the vehicle owner must file a 2290 form.
What to report on Form 2290?ย
- The legal name of the business or DBA (Doing Business As) name
- EIN (Employer Identification Number)
- Business address
- The taxable gross weight of the vehicle
- Vehicle categories
- Vehicle identification number
- The month of first use
- Mileage use limit (5,000 miles for regular vehicles and 7,500 miles for agricultural vehicles)
- Logging status of the vehicle
- Suspension status of the vehicle
- Total number of vehicles
What is the filing date for HVUT 2290 Form for 2022-2023?
The IRS 2290 form is due by August 31, 2022, for the 2022-2023 tax period.
When is Form 2290 due?ย
If youโve already filed your 2290 forms for this period (good job), then follow the filing cycles below to prepare and file your 2290 forms before the IRS HVUT 2290 deadline for your future 2290 forms.
Similarly, if your 2290 forms are still due, use this 2290 HVUT filing deadline table to understand the filing deadlines per the month of first use.
If The Vehicle Was First Used During | File Form 2290 & Pay HVUT Tax By |
July 2022 | August 31, 2022 |
August 2022 | September 30, 2022 |
September 2022 | October 31, 2022 |
October 2022 | November 30, 2022 |
November 2022 | January 3, 2023 |
December 2022 | January 31, 2023 |
January 2023 | February 28, 2023 |
February 2023 | March 31, 2023 |
March 2023 | May 01, 2023 |
April 2023 | May 31, 2023 |
May 2023 | June 30, 2023 |
Penalties for late filing 2290 forms
If you fail to file your HVUT Form 2290 on or by the deadline, the IRS considers the conduct as negligence and penalizes your trucking business.
The 2290 late filing penalty is currently 4.5% of the total tax you owe to the IRS. The penalty will continue to increase for up to 5 months until itโs paid off completely.
The โfailure to fileโ penalties are usually more taxing than โfailure to payโ penalties. If you fail to pay your HVUT 2290 tax, 0.5% of your total tax amount is calculated as penalties.
Itโs just easier to file your 2290 returns than to deal with these complex and very taxing penalties.
eFile 2290 Now. Todayโs The LAST DATE!
Today is August 31, 2022 – the last date to eFile your 2290 returns for 2022-23.
And if youโre reading this, it means that your 2290 forms could still be pending.
Donโt wait until the last minute.
eFile your 2290 forms today and prevent receiving โfailure to fileโ notices from the IRS.
eFile your 2290 tax forms with an IRS-authorized eFile provider like EZ2290 for a quick and secure e-filing experience.ย
Hurry up!