Form 2290 tax calculator app

Page 1

Form 2290 Tax calculator App

IRS Form 2290 E-file Form 2290 is used to calculate and pay taxes due on highway motor vehicles that were used during the tax period. If a vehicle weighing at least 55,000 pounds was operated on public highways during the tax period, they must file and pay the tax with the Form 2290 Online.

Form 2290 Tax Calculator app The Form 2290 Tax Calculator is an app sponsored by ExpressTruckTax.com to assist truckers in calculating their HVUT from their iPad or Android tablet. You can enter logging or regularly taxed vehicles in the calculator in a single, streamlined process.

How does app work? After downloading the program, you will immediately start calculating your taxes. Begin with your first used month, and then select the amount and type of vehicles. Hitting "Next" will give you your results and prompt you for an email address to send the information to.

Download your free Form 2290 Tax Calculator Today! App Store

Google Play

How Form 2290 tax is calculated? The Heavy Vehicle Use Tax is calculated based on mileage, weight, and months in use. Those vehicles less than 55,000 lbs do not have to file and vehicles that go annually fewer than 5,000 miles (7,500 miles for logging) do not have to pay the tax. Heavy vehicles that are placed in service after July 1 will have their taxes prorated so that they are not paying the annual amount.

How to choose First Used Month? The first used month is basically the first month that you used the vehicle that year. If you purchased a truck in January but didn't start using it until April, April would be your first used month. If you're starting off a new 2290 tax year, the first used


month is always in July, which is when the IRS has dictated the beginning of the year to be for all filers. This means that if you've been filing for more than a year and you've been on the road without ceasing business, you will always file that vehicle in July, unless it is sold, stolen, or destroyed, or you go out of business.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.