e-Filing is the easiest way to file your form 2990. It is also the easiest way to report amendments to your previously filed form 2290 form. In just a few clicks, you can retransmit your form effortlessly at the comfort of your home or while on-the-go.
But what exactly qualifies as a form 2290 amendment? In form 2290, an amendment refers to any change that you want to make to your previously filed 2290 return. While filing your form 2290, you need to fill in various details, 3 of which can be updated by filing a 2290 amendment return:
- Taxable gross weight change
- Mileage limit increase
- Update misreported VIN
Taxable Gross Weight Change
Your HVUT tax amount depends on the taxable gross weight of your vehicle. If your vehicle has a taxable gross weight of 55,000 pounds, you must pay an HVUT tax of $100. With every 1000 pounds, your HVUT amount also increases by $22, and your vehicle falls into a new category.
If the taxable gross weight of your vehicle increases during the tax period, you need to file an amended return for the remainder of the tax period. You must e-file your amended return by the last day of the month following the month in which the taxable gross weight increased.
Mileage Limit IncreaseYou need to pay HVUT tax only if your taxable vehicle has crossed the 5,000 miles limit (7,500 miles for agricultural vehicles) in a given tax period. If your vehicle does not cross the mileage limit, it will be a tax-suspended vehicle.
If your vehicle is tax-suspended, you need to file a form 2290 to report it as tax exempt, and need not pay the HVUT tax due. But if you exceed your mileage limit after filing your form 2290, you need to refile your form 2290 and pay prorated tax for the period in which the mileage exceeded.
Misreported Vehicle Identification Number
A Vehicle Identification Number, also known as the VIN, is a 17-character number assigned to your vehicle for identification purposes. To file your form 2290, you need to enter the VIN number along with other information.
While e-filing if you misquote your VIN number and submit your form 2290 with the IRS. In such cases, you can modify the VIN and update it online on eForm2290.com, for free.
e-File Your Amended Return in 5 Simple Steps:
- Step 1: login to your eForm2290.com account
- Step 2: Select 2290 Amendment on the dashboard
- Step 3: Enter your business information
- Step 4: Choose the amendment type
- Step 5: Submit your amended return
Filing your amended return can be a tricky affair if you choose to do it manually. Thanks to e-filing platforms like eForm2290.com, it is easier than ever to file your amended returns, that too at no extra cost!