Actual unloaded vehicle An empty weight vehicle.
Address Change If address has changed, you need to notify the IRS
to ensure you receive any IRS correspondence. Check the Address change box on Form
2290 and Form 720.
Agricultural Vehicle A registered highway motor vehicle that is
primarily used for farming purposes which includes transporting any farm commodity
to or from a farm or used directly for agricultural production.
Amount of tax Multiply the applicable tax amount times the number
Amendment month An amendment month is the month when the change
in mileage use limit or the taxable gross weight occurred.
Business Name Name given by the Business Owner for their business.
Bundle Pricing When your credits exceed the tax due, separate Form
8849 return is generated to enable claim your credits. Tax excise.com offers a special
pricing offer called as bundle pricing which allows the user to pay once for Form
2290 and you can either transmit or print the 8849 return without paying for it
Claim For vehicle that was destroyed, stolen, or sold before June
1, a credit for tax paid can be claimed on the next Form 2290 filed or a refund
of tax paid can be claimed on Form 8849.
Credit is the refund claimed for the tax paid on a vehicle that was either
Sold Destroyed or stolen before
June 1 and not used during the remainder of the period
Used during the prior period 5,000 miles or less (7,500 miles or less for agricultural
Categories of amendment The following are the categories for which
the amendments can be done: - Change in VIN correction - Change in Mileage Use limit
- Increase in Taxable Gross Weight
Dealers Any vehicle operated under a dealer's tag, license, or
permit is considered registered in the name of the dealer.
Destroyed / Stolen Completely destroyed or damaged irreparably.
Someone stole the vehicle.
Electronic Filing Transmits Business Tax Returns to the IRS through
Electronic Funds withdrawal Filing Form 2290 electronically,you
can authorize a direct debit to make payment.
Electronically File Form 2290 electronically through any electronic
return originator (ERO), transmitter, and/or intermediate service provider (ISP)
participating in the IRS e-file program for excise taxes.
Exemptions To be exempt from the tax, a highway motor vehicle must
be used and actually operated by
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 the Internal
Revenue Service Center, Cincinnati, OH 45999-0031. In the 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 does not extend the time
to pay the tax. If you want an extension of time to pay, you must request that separately.
Final return- Form 2290 If you no longer have vehicles to report
on, file a final return. Check the Final return box on Form 2290, sign and mail
it to the IRS.
Form 2290 Form 2290 is used to file Tax for Heavy Highway Vehicles.
Fully equipped vehicle Vehicle which includes the body, all accessories,
all equipment attached to or carried on the vehicle for use in its operation or
maintenance and a full supply of fuel, oil and water.
Full service Full service denotes the service rendered by our support
specialist to use our application taxexcise.com in a very friendly way. All you
need to do is follow the simple steps listed below and enjoy the filing period.
(i) Download the Excel Template. (ii) Fill the template with the following details:
a. Tax Year and Month First Used b. Taxable Vehicle Information c. Prior Year Suspended
Vehicle Information d. Credits on sold/ destroyed or stolen vehicle and Low Mileage
vehicle e. Third Party Designee f. Filing and Payment Option g. Product or Service
Payment Option (iii) Send the completed Excel Template to our support specialists
through Email. Support@taxexcise.com (iv) We will complete your return with the
details furnished in the excel template and mail you the generated Form 8879- Ex
(IRS efile signature authorization form 720, 2290 and 8849) (v) You have to sign
in the taxpayer’s section of Form 8879- Ex, as this will help complete the filing
process. Once you have signed, choose any of the following ways to send the signed
form 8879- Ex to us: Email : Support @taxexcise.com Fax : 1-866-256-9859 Mail to
: ThinkTrade, Inc. 6395 Dobbin Road, Suite 204 Columbia, MD-21045 (vi) Your return
is now complete and it is ready to be filed.
Highway Motor Vehicle Self -propelled vehicle designed to carry
a load over public highways, whether or not also designed to perform other functions.
Interest Penalties are in addition to the interest charge on late
ISP Intermediate Service Provider
Logging Vehicles A registered highway motor vehicle that is used
exclusively in the transportation of harvested forest products.
Mileage use limit It applies to the total mileage for which a vehicle
is used during a period regardless of the number of owners.
Not Considered Highway motor vehicles Specially designed mobile
machinery for non-transportation functions.
Paper Filing Mail Form 2290 to the IRS address. If payment is not
done through EFTPS, then mail Form 2290-V and check or money order with Form 2290
to the IRS.
Partial period tax Partial Period Tax Table helps to find the tax
amount if the vehicle was first used on public highways after July of the tax period,
Payment voucher Detach the Payment voucher with the Form 2290 if
filing return through paper.
Penalties The law provides penalties for failing to file returns
or pay tax when due. There are also penalties for filing false or fraudulent returns.
The penalty for filing a return late or paying the tax late will not be imposed
if you can show reasonable cause for not filing (or paying) on time. If you file
after the due date (including extensions), attach an explanation to the return to
show reasonable cause.
Public Highway A Public Highway is any road in the United States
that is not a Private Roadway.
Qualified Blood Collector Vehicle Vehicles used by qualified blood
collector organizations are exempt from the highway vehicle use tax. Organizations
are not required to file Form 2290 for qualified blood collector vehicles.
Recordkeeping All Taxable highway vehicles registered need to maintain
tax records for at least 3 years after the date the tax is due or paid, whichever
Referral Scheme Once your return is either transmitted or printed,
you can refer a friend inviting them to use taxexcise.com and can save for each
referral. Enter the name and email address of a friend who has not used our product
and we will send them an email explaining how they can avail the discount. You can
save with every referral and there’s no limit to how many friends you can refer!
Referral code Enter the referral code you received in the mail,
during the registration process for an account with taxexcise.com and you will be
provided with a discount.
Schedule 1 Schedule 1 will be stamped and returned. Return may
be rejected if Schedule 1 is not attached.
Sold Disposed of to a Purchaser.
Special permits Special permits are permits that allow a vehicle
to operate under these circumstances: In a state in which
it is not registered, At more than a state's maximum
weight limit, or At more than the weight at which it
is registered in the state.
Suspended Vehicle A registered highway motor vehicle which has
been used for 5000 miles or less on public highways within the 12 months filing
period.Once a suspended vehicle exceeds the mileage use limit, the tax becomes due.
Seasonal Pricing Seasonal pricing offer is provided to enable the
user pay once for the tax year and for a single business and file any number of
Tax help Contact your Tax Payer advocate through toll-free number
1-877-777-4778 or TTY/TDD 1-800-829-4059
Taxable Gross Weight Taxable gross weight of a vehicle is actual
unloaded weight of vehicle fully equipped for service. Weight of Maximum load carried
Taxable Vehicles Highway motor vehicles that have a Taxable Gross
weight of 55000 pounds or more are Taxable.
Third Party Designee A Third Party Designee can be any person who
has been given the authority to discuss your tax payment details with the IRS.
Vehicle A vehicle consists of chassis, or a chassis and body, but
does not include the load.
VIN Vehicle identification Numbers (VINs) are used to uniquely
identify motor vehicles. The VIN can be obtained from the Registration. VIN is made
up numbers and letters with 17 characters.