IRS Form 2290 Due Date
Know the 2290 filing deadline to avoid penalties
Filing Deadline for Form 2290
Updated on August 07, 2020 - 10:30 AM by Admin, ExpressEfile
Form 2290 is an annual Federal tax return filed to figure out and pay the Heavy Vehicle Use Tax (HVUT) for a tax year. It has to be filed for vehicles with a taxable gross weight of 55,000 pounds or more if operated on the public highways.
The deadline to file your Form 2290 return depends on the First Used Month (FUM) of the vehicle for the tax year. A typical tax year for Form 2290 begins on July 1 and ends on June 30 in the
following year.
The following topics are covered in the filing deadline for
Form 2290.
In this article, we cover the following topics:
1. When is the deadline for filing Form 2290?
The deadline to file your Form 2290 is on the last day of the month following the First Used Month (FUM) of
your vehicle.
The FUM of your vehicle is considered the first month your vehicle is operated on the public highway during the tax year.
For example, if you use your vehicle for the first time in 2020-2021 during September 2020, the due date to file your 2290 form will be October 31, 2021.
If the deadline falls on a weekend or a legal holiday, the next business day will be considered the deadline.
The following table shows the 2290 due date to file your Form 2290 for
every FUM.
| IF, in this period, the vehicle is first used during | Then, file IRS Form 2290 and make your payment by* |
|---|---|
July 2020 |
August 31, 2020. File Now |
August 2020 |
September 30, 2020 |
September 2020 |
November 2, 2020 |
October 2020 |
November 30, 2020 |
November 2020 |
December 31, 2020 |
December 2020 |
February 1, 2021 |
January 2021 |
March 1, 2021 |
February 2021 |
March 31, 2021 |
March 2021 |
April 30, 2021 |
April 2021 |
May 31, 2021 |
May 2021 |
June 30, 2021 |
June 2021 |
August 2, 2021 |
Generally, most truckers use their trucks during July and will renew their Form 2290 at this time. Hence, July will be the first used month and August 31 will be the deadline for
most truckers.
2. What happens if I do not file Form 2290 within
the deadline?
If you do not file Form 2290 and pay the required HVUT within the filing deadline, you will be subjected to penalties by the IRS. If you miss filing your IRS Form 2290 within the deadline, there will be a penalty equal to 4.5% of the total tax amount due and it will increase every month for up to five months.
If you miss making the HVUT payment, there will be a penalty of 0.5% of the total tax amount due as a penalty and an additional interest of 0.54%
each month.
3. Information required to file Form 2290?
You must have the following information to file your Form 2290 with the IRS:
- Business Information - Business Name, Address, EIN, and Signing Authority details.
- Vehicle Information - Tax Year, First Used Month, VIN, and Taxable Gross Weight.
- Preferred HVUT payment method.
4. How can I file Form 2290 and get my Schedule 1 before the
filing deadline?
The IRS recommends the users to e-file their Form 2290 return as it is easier and quicker, and it takes just a few minutes for the filers to receive a stamped Schedule 1. You can e-file your Form 2290 return in only three steps
with ExpressEfile.
- Enter your business and vehicle details
- Choose your HVUT payment option and review
your return. - Transmit the return directly to the IRS.
E-File Form 2290 with ExpressEfile
ExpressEfile offers the lowest price of $6.90 to E-File Form 2290. And, you can receive your Schedule 1 in minutes.
E-File 2290 Now!