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E-file IRS Form 2290 with easy steps

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					IRS 2290 & IFTA
made easy



      ExpressTruckTax.com
TABLE OF CONTENTS
Purpose
What is a Schedule 1?
When to file?
       e-
How to e-file Tax 2290?
Benefits of e-filing
         ExpressTruckTax?
Why use ExpressTruckTax?
PURPOSE
A Form 2290 and Schedule 1 must be filed
for the tax period beginning July 1, 2012,
and ending on June 30, 2013, if a taxable
highway motor vehicle (defined below) is
registered, or required to be registered, in
your name under state, District of
Columbia, Canadian, or Mexican law at the
time of its first use during the period and
the vehicle has a taxable gross weight of
55,000 pounds or more.
SCHEDULE 1
• Tax payer must file schedule 1 along with form 2290 to
  the IRS. IRS will return the schedule 1 with IRS
  Electronic watermark with a timestamp.
• To report all vehicles for which you are reporting tax
  (including an increase in taxable gross weight) and those
  that you are reporting suspension of the tax by category
  and vehicle identification number (VIN).
• Proof of payment for state registration. Generally, states
  will require verification of payment of the tax for any
  taxable vehicle before they will register the vehicle.
• Use the stamped copy of Schedule 1 as proof of
  payment when:
 Registering vehicles with the state, or
 Entering a Canadian or Mexican vehicle into the United
 states
SAMPLE WATERMARKED SCHEDULE 1
  WHEN TO FILE?

• Current HVUT Tax Period is July 1,2012 –
  June 30, 2013
• Form 2290 must be filed for each month a
  taxable vehicle is first used on public
  highways during the current tax period.
• Form 2290 must be filed by the last day of
  the month following the month of first use.
• The filing rules apply both for paying the tax
  or reporting suspension of the tax.
HOW TO FILE?
             (e-
Electronic (e-file)
 E-file is required for owners with 25 or more vehicles
 Through any electronic return originator (ERO),
 transmitter, and/or intermediate service provider (ISP)
 participating in the IRS e-file program for excise taxes.

Paper
 Mail Form 2290 to the address shown under Where To File.
 If you did not pay the tax using Electronic Funds Withdraw
 (EFT) or the Electronic Federal Tax Payment System
                      2290-
 (EFTPS), mail Form 2290-V and your check or money
 order with Form 2290
            E-
BENEFITS OF E-FILING
•   Very easy to use – user friendly
•   History of data - Easily import previous years
    details
•   No math required - Accurate calculations
•   Get Schedule 1 within minutes - No need to
    wait for days/months
•   Accessibility over the internet – Save and
    Continue your returns any time
•   Easy print for your reference
•   Download final copy any time for future
    reference
•   Questions – call customer service 24/7
    E-          ExpressTruckTax.com?
WHY E-FILE WITH ExpressTruckTax.com?
ExpressTruckTax.com is a sophisticated application that
                       built-
  has lots of features built-in. ExpressTruckTax.com
  supports all scenarios; Taxable Vehicles, Suspended
  Vehicles, Prior Year Suspended Vehicles,
  Sold/Destroyed/Stolen credits and Low Mileage Credits.
ExpressTruckTax.com is a smart application; it will
  generate Form 8849 and Claim of Excise Taxes when the
  credits exceed the tax due on the Form 2290.
ExpressTruckTax.com has the sleek and simple interface
  that can help you file your Form 2290, Form 8849 and
  Form 2290 Amendment in minutes.
Whether you have a single truck or a fleet of
 thousands, our system can keep you rolling.
    E-
WHY E-FILE WITH ExpressTruckTax.com?
• Bulk Uploads – you do not need to be a computer
  savvy, just download our template, add vehicles
  and upload it using our express upload option or
  use Smart Upload where you can upload your
  own Excel or CSV file.
• Accurate tax calculation: No calculators or
  spreadsheets for you. You punch in the data, we
  do the math.
  Easy-to-
• Easy-to-use system: Contextual help windows
  and videos walk you through the process. We’ve
  done everything possible to make taxes
  less…taxing.
    E-          ExpressTruckTax.com?
WHY E-FILE WITH ExpressTruckTax.com?
• Quick credits: While filing your Form 2290, our
  system can identify credits and help you
  quickly and easily file Form 8849, so you get
  your money back faster.
• FREE Amendments: Our system allows you to
  make quick amendments to your filing to insure
  that you send the most accurate information to
      IRS.
  the IRS.
• Industry Experience: No one has more
                               e-
  experience with excise tax e-filing than we do.
                                e-
  Our team wrote the book on e- filing these
  forms. We know this stuff inside and out, and
  we’re just a click or call away.
      E-          ExpressTruckTax.com?
  WHY E-FILE WITH ExpressTruckTax.com?
• VIN correction: Vehicle identification
  numbers can be as long as 17 digits. Mistype
  a single one, and it can mess up your filing.
  Make quick and easy corrections with
    xpressTruckTax.
  ExpressTruckTax. And it is always free with
  ExpressTruckTax.com.
• Full Service: We’ve got a speedy system, but
  if you’re just too busy, let us know. We can
  recommend a service provider.
• Tax Professional Discounts
• Support Options: We are available via phone,
  email and chat.
HOW TO PAY THE TAXES TO IRS
E-Filing 2290 allows the filer to send the payments by any
   one of the following ways:
 Direct Debit (Electronic Funds Withdrawal)
   Bank account number and routing number must be
   entered and IRS will initiate the withdrawal
 EFTPS
   The filers can send the money using EFTPS.Gov site.
   They just need to indicate that they have chosen EFTPS
   when they file 2290. It is the responsibility of the filer to
   initiate a transaction
 Check or Money Order
   From 2008, IRS started accepting check or Money order
                                   e-
   as a mode of payment when e-filing 2290. The filers
                  2290-
   have to send 2290-v (payment voucher) along with their
   payment.
   payment
    E-FILE FLOW


                                   • Enter data                                     •Get
            •Register or                                  •Error
                                   • Upload                                Get       Schedule 1
Create an    login         Enter                           Checks
                                    using Excel   Efile                  Schedule    in minutes
 account    •Gather your   Data                           •Transmit to
                                   • Take                                   1       •Alerts by
             information                                   IRS
                                    Credits                                          SMS or Fax

				
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posted:7/4/2012
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Description: E-file IRS Heavy Vehicle Use Tax Return with easy steps with ExpressTruckTax and get IRS 2290 stamped Schedule 1 in minutes.