How to Get a IRS 2290 stamped Schedule 1 for Heavy Highway Vehicle?The Process of Filing IRS Form 2290 and getting a stamped Schedule 1 can be rather complicated.  

The First Step to Receive a Stamped Schedule 1 for your Heavy Vehicle Use Tax (HVUT) is to fill out IRS Form 2290. The Schedule 1 is included in this Form. This can be done either by hand or online.

This Form then needs to be taken to the nearest IRS Office along with a proof of payment or proof of EFTPS Payment. Or it can be mailed to the nearest IRS office

o The Problem with this is that both options are very time consuming.  

o If the form is actually taken to the IRS, the nearest office may be many miles away. There can also be very long waiting period at the IRS office of up to several hours.

o If the form is mailed to the IRS, it can take 4-6 weeks before it is processed.

The IRS will then review your Form 2290 and when it is verified, they will stamp it and return a portion of it to the taxpayer.  

The Stamped Schedule 1 is required in order to register a vehicle. So it can be very stressful to wait until the last minute to register your vehicle because you are waiting for the IRS to send you a stamped schedule 1.

What is the Purpose of HVUT?The HVUT is a significant source of transportation funding in the U.S. In 2006 alone, the HVUT generated more than $1.4 Billion in Federal Highway Trust Fund (HTF) revenue. The Federal HTF protects America's investment in its transportation infrastructure. In 2007 alone, Federal HTF receipts were $39.9 Billion, with $34.9 Billion dedicated to the HTF's Highway Account. The Federal HTF finances a wide spectrum of transportation investments which include:

Highway improvements (e.g., land acquisition, other right-of-way costs, preliminary and construction engineering, construction and reconstruction, resurfacing and restoration costs of roadways and bridges)

Highway and bridge maintenance

Highway law enforcement

Safety programs (e.g., driver education and training, vehicle inspection programs, enforcement of vehicle size and weight limits)

Congestion relief projects

Administrative costs (e.g., research, engineering)

Investment in our nation's highway infrastructure helps: Save money, time, & lives Reduce the amount and severity of crashes for all kinds of vehicles

Enhance the ability of emergency responders

Lower fuel and insurance costs

Decrease energy consumption

Ease congestion

Boost air quality

Increase mobility

Improve the efficiency of the movement of goods

Raise business productivity

Strengthen the nation's economic productivity

When to File?A Form 2290 must be filed annually, for each taxable vehicle that is used on public highways during the current period. The Current Period is from July 1, and ends on June 30.  A Form 2290 must also be filed once a vehicle is placed in service.  The due date for each month is the last day of the following month.  For example: if a vehicle is placed in service on October 3rd, the Form 2290 will be due on November 30th.  

How to File?Although it is possible to paper file, E-Filing is required for each return containing at least 25 vehicles. The IRS does encourage everyone to file electronically due to its security and speed. This is highly recommended for Form 2290 in particular because the filing due dates are always only one month away.  

There are several e-file providers of services that can help you E-File Form 2290 with the IRS, one such provider is www.expresstrucktax.com . They provide a very excellent service for all your Truck Tax Needs.