On the racing journey of life, most of us forget small things which include the money owed to us by someone. The reason behind this can be several, but the main reason is ignorance, Lack of adequate knowledge to know and remember that someone owes us our hard earned money.
The robotic life lead by Truckers and folks in trucking industry makes them forget to take their credit from the IRS on the Taxes they paid on their Heavy Vehicles. One such example is, Truckers pay their HVUT every year on their vehicles that has gross weight of 55,000 pounds and above assuming that the vehicle will run 5000 miles or more in the tax year. Taxes can be a maximum of $550.00 on a truck.
Our predictions go wrong most of the times. Assume if the Truck did not run the 5000 miles on a given Tax year, then what happens? The answer is IRS owes you the Tax that you paid on the vehicle. Millions of people file thousands of tax forms to the IRS, so it’s almost impossible to expect the IRS to remember what they owe to the Taxpayers. This doesn’t mean that you have to forget the money the IRS owes you. It’s your right to claim it.
One has to file a Form 8849 Schedule 6 to claim a credit on the Taxes paid to the IRS on a Heavy Highway Used Vehicle. There are three categories on which a claim can be made on this tax Form. Over paid credits, filing tax form 2290 twice on a vehicle for the same tax year. Sold or Destroyed or stolen credits, vehicles that are sold, destroyed or stolen between the tax year on which HVUT has been paid. Low mileage credit, any vehicle that did not run the 5000 miles in a Tax Year qualifies for a refund.
Filing Form 8849 Schedule 6 can be a tedious process; however it has been simplified by the introduction of Electronic Filing of Tax returns. Form 8849 can be filed online within minutes and also gets accepted by the IRS for processing immediately. This is not the only benefit of E-filing 8849 schedule 6; any return that’s filed electronically gets refunded three times faster than the return filed by paper.
Taxexcise.com is a trusted, certified e-file service provider for filing form 8849 Schedule 6. It almost has 100% acceptance ratio on the form 8849. Fill in your wallets by claiming your credit, still have questions call Taxexcise.com at 1-866-245-3918 or write to support@taxexcise.com
