Importance of Third Party Designee in your IRS 2290 Form

As a trucker, we are aware more about Form 2290. In order to talk about the Third Party Designee, let us throw some light on the form first. If you have a vehicle that weighs about 55,000 pounds or more and uses public transport, then you need to file Form 2290 on or before the 2290 due date. Other than that, if there is a suspended or logging vehicle then the form 2290 needs to be filed. Suspended vehicles are the one, which does not cross more than 5,000 miles per year.

Every year we are filing Form 2290 for taxable vehicles weighing more than 55,000 pounds. Whenever we file the IRS 2290 Form, there is a part of the application, which we pass on and leave it unattended.  That part of the application is “Assign Third Party Designee” in Form 2290. However, you need to know what it is before you skip or assign to a particular person. There are certain benefits that you can enjoy if you assign a third-party designee, which you e-file Form 2290. A third-party designee is a person whom you can trust and share your financial information.

So check out the roles and recognitions of the Third Party Designee before assigning it to a particular person.

The Purpose of Third Party Designee

Any of your business head or employee, a third party member, or a tax preparer, whom you wish to discuss with the IRS regarding Form 2290, can be done. To do so, when filing Form 2290, check the “YES” option in order to authorize the IRS to talk with the designee to answer the queries related to the information in Form 2290. Here while you are authorizing the designee, they are also the authorized person for: 

  •          Information Exchange regarding the IRS 2290 Form with the IRS.
  •          Requesting and receiving the written tax return information that is related to the IRS 2290 Form. This also includes copies of notices, account transcripts, and correspondence.

It is mandatory to mention the designee’s name, contact number, and the five digits that the particular person chooses as his / her personal identification number (PIN). This authorization is applicable only to the tax return that appears.

Note

The taxpayer is not authorizing the third party designee to bind the taxpayer to anything, this also includes additional tax liability or moreover correspond to the taxpayer before the IRS. If you want to revoke the same, then you can write a mail to the IRS. You can get more information from the IRS website.

If you have any queries regarding the 2290 truck tax or if you like to share your valuable feedback about our application, you can reach our 24 / 7 dedicated customer support team to help you at support@tax2efile.com or call us at 703 229 0326. We are happy to serve you better.