August 31 is the annual deadline for most truckers to file their federal vehicle use tax return – form 2290 and pay any taxes they owe. By law, the IRS may assess penalties to taxpayers for both failing to file a tax return and for failing to pay taxes they owe by the deadline. Taxpayers who owe 2290 tax, and failed to file and pay on time, will most likely owe interest and penalties on the tax they pay late. To keep interest and penalties to a minimum, taxpayers should file their tax return and pay any tax owed as soon as possible.
IRS Tax Form 2290 and Due Date
The Federal Heavy Highway Vehicle Use Tax Form 2290 is imposed on vehicles operating in public highways with a gross weight of 55,000 pounds or more. August 31 is the general due date for taxpayers reporting 2290 returns, however the due date for any taxable vehicles first used on a public highway during or after July 2018 by the last day of the month following the month of first use.
The taxable period for form 2290 begins on July 1 of the current year and ends on June 30 of the following year.
Electronic Filing for Form 2290
File Form 2290 electronically, you must e-file your Form 2290, Heavy Highway Vehicle Use Tax Return, if you are filing for 25 or more vehicles, IRS encourages e-filing for anyone required to file Form 2290 and who wants to receive quick delivery of their watermarked Schedule 1. With e-file, you’ll receive it almost immediately after IRS accepts your e-filed Form 2290.
Extension of time to file.
Before the due date of the return, you may request an extension of time to file your return by writing to:Department of the Treasury
Internal Revenue Service
Cincinnati, OH 45999-0031
In your letter, you must fully explain the cause of the delay. Except for taxpayers abroad, the extension may be for no more than 6 months. An extension of time to file doesn’t extend the time to pay the tax. If you want an extension of time to pay, you must request that separately.