If you are filing for more than 25 vehicles, then you should e-file your form 2290 Heavy Highway Vehicle Use Tax Return. The Government encourages e-filing for any one who is supposed to file form 2290 and those who want to quickly get the delivery of the watermarked schedule 1. If you go through the electronic method for filing the form 2290, then you will get the delivery of your stamped e-file form 2290 instantly. There are some of the form instructions that you are supposed to follow step by step which is required when you go to file the form 2290.
Social Security Number is a Bar
The first step that you will have to follow is to gather the information. In that, your employer identification number is very important. You cannot use your social security number in any way. You will need an employer identification number for filing 2290. If you don’t have an EIN i.e. employer identification number then you will have to apply for a new one. You will have to permit 4 weeks for your new EIN, so that it can be established in their system before filing the 2290 form. Next, instruction is that you should use the same name.
Most Important Vehicle Identification Number
Your EIN i.e. employer identification number should have the same name with which you will be filing your IRS schedule 1 copy. Your e-file name control must match your EIN name. Then next, instruction is that your VIN will be needed i.e. your vehicle identification number is also needed. Apart from that, if you have more than 25 vehicles then each vehicle VIN i.e. vehicle identification number is a must have. And you also have to provide the number correctly. Incase if it is wrong, then it can be rectified by an additional e-filing system also for your IRS form 2290.
So, now that you know the form 2290 tax instructions, hopefully, you will follow that.
Method of Making Payment
While filing your 2290 online, there are various kinds of payment method which you can choose to make payments. Let’s take a look at it – You can choose the following payment option.
- Electronic Funds Withdrawal
You can easily authorize a direct debit which will be a part of the e-filing process for form 2290.
- Electronic Federal Tax Payment System (EFTPS)
You should be previously enrolled. And you will have to wait for 5-7 business days so that you can get enrolled.
Now, you should wait for further orders or notification, paying the heavy highway vehicle use tax by credit card or debit card is not available anymore. So, kindly take a note of it.
Through e-mail, you will get your watermarked schedule 1 from your etax2290 form filing provider that too after they accept your form 2290. In order to avoid facing any kind of hindrances, you have to make sure that your printed IRS schedule 1 copy is readable prior to you submitting it to your state department of motor vehicles.