The Heavy Vehicle Use Tax (‘HVUT’) is an annual fee payable to the IRS by all New York truckers owning or operating heavy vehicles with a gross weight exceeding 55,000 pounds which operate on public roads in New York and throughout the US. The taxable weight of a truck is calculated by combining the unloaded weight of the truck together with the maximum load allowed to be carried by the truck and trailer together.Free to start
are the differences between paper filing and online filing form 2290 filing in New
There are a number of key differences between filing your form 2290 online in New York and filing the form in hard copy to the IRS. If you choose to file your form 2290 by sending the paperwork to the IRS, then these forms are processed manually. As a result, it takes a substantial amount of time to cross check and verify all of the information. Furthermore, if there are any errors in the form, then the IRS can return the incorrectly filed form, and you will be required to pay an additional processing fee to correct the errors.
It goes without saying that this method of filing your form 2290 in New York is an antiquated, time consuming and expensive way to file and report your HVUT taxes and form 2290.
This is why New York truckers now prefer to file their form 2290 online, using the IRS authorized services of New York Truck Tax.com.
The expert team at NY Truck Tax will make
it a simple and easy process for you to file your online truck tax form 2290 in
New York. By following a simple set of instructions and providing some basic information
and paying the required fee, you will receive your IRS watermarked schedule 1
in just a few minutes.
When you open an account through NY Truck Tax, you will be able to view the taxes payable to the IRS before proceeding to payment. After you have reviewed the information to ensure it is correct, then you simply need to pay the fee through our website and complete the form 2290 filing.
After you have completed the online form 2290 the IRS has accepted the Form 2290, then the stamped and watermarked schedule 1 will be ready in minutes. Moreover, all of the data and the watermarked schedule 1 are kept on our computer system, so that you can access the information or download or print your schedule 1 at any time, at your convenience.
The financial penalties for non-compliance
of online filing form 2290 in New York are severe. The penalty for non-payment of the HVUT in
New York is 4.5% of the total HVUT tax due on the vehicle, and this penalty is
assessed monthly for a maximum of 5 months.
It is therefore essential that you ensure that your online form 2290 is filed in a compliant manner. NYTruckTax.com will ensure that your filings are kept to date and filed in a timely and compliant manner, using our state-of-the-art online filing system.
Truck Tax is here to help you and some of the common question are answered here
A tax period is the validity of a tax filing for a period of time. In relation to the tax period of online form 2290 Heavy vehicle Use Tax in New York, the tax period starts from 1 July and lasts until 30 June of the following year.
Yes, absolutely. This is one of the biggest benefits of filing form 2290 online in New York, you are able to file multiple vehicles at the same time, saving you time and money. In fact, if you own 25 or more trucks in New York then the IRS make it mandatory to file your form 2290 online.