We all know that the tax season is going on and it is important for taxpayers, owner operators and truckers who are driving heavy vehicles weighing more than 55,000 pounds. Form 2290 is the form that is used to file HVUT (Heavy Vehicle Used Tax). You are required to file and pay your return through paper or efile, whichever method you would prefer. However, again, when you are choosing your methods of filing, you need to make choice with payment methods as well. Online filing is safe, secure and at the same time reliable. There is a strong notion among people that online filing is not safe as there are many fraudulent taking place. Yes, what you heard is right but not every website is poor with security. However, we are taking about online payment of dues to IRS. Following are the methods that allow you a successful filing: |
Direct Debit/ Electronic Funds Withdrawal:
This is one of the payment method used for filing IRS form 2290. IRS initiates the payment through the bank details you submitted the form. However, do note, it is important to maintain sufficient balance in your bank account before you pay IRS. You can always revoke the payment by getting in touch with the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days before the settlement date.
Electronic Federal Tax Payment System: (EFTPS)
This is the second payment method applicable while e filing form 2290. It is an IRS initiative and this protected method holds your details with every possible security, hidden behind those invisible networks. However, you need to put in some effort if you are willing to use this method. All you need to do is, schedule a payment on your own for a timely payment. To create or manage, you can visit eftps.gov or call 1-800-555-4477. To initiate a payment through this account, the transaction should be initiated at least one business day before the due date.
Check Or Money Order:
This method is for taxpayers who are not comfortable paying taxes online. It is again your responsibly to pay your dues through payment voucher 2290-V and mail it to IRS. Your return would be transmitted to IRS through the servers.
Taxpayers are not allowed to pay their taxes through cash. The check or money order should be payable to United States Treasury. Add details like name, address, EIN, “Form 2290,” and the date (as entered in Box 3) on your payment. Detach the payment voucher 2290-V and send across the payment. If you choose to file it electronically (e filing), form 2290 and schedule-1 copy with the payment voucher is not required. Stapling the payment to the voucher or form 2290 should be avoided.
Send the payment and voucher 2290-V to:
Internal Revenue Service P.O. Box 804525 Cincinnati, OH 45280-4525
So what is the wait for? Trust you have a clear idea about payment methods applied in form 2290. Get your return filed and pay your dues online before the due date. We are sure, you don’t penalties to tag along.
Related Articles -
Form 2290. efile form 2290, HVUT efile, electronic filing, e filing HVUT,