Are you a trucker planning for plate renewal? Here is an update for your criteria. Take a peek into the latest details of filing form 2290 before plate renewal from Wisconsin.
Reminder about Motor vehicles
- The Wisconsin Section of the transportation division of motor vehicles prompts motor carriers getting ready for renewing their new heavy truck registration to first file IRS 2290 before heading to DMV for re-establishing license plates.
- The agency is alerting drivers that renewal is not possible in person due to COVID-19.
- There isn’t a possibility for motor carriers to visit the DMV.
- The chief reason is due to the pandemic.
Hence e-mailing all paperwork is the best way. The latest update from the DMV administrator was a reminder to avert unwanted renewal delays.
What is IRS 2290?
The Federal Heavy Vehicle use tax is primarily for the federal highway trust fund. The submission is through IRS form 2290. The HVUT is the yearly federal highway use tax for heavy vehicles weighing 55000 lbs gross weight and more paid to the IRS. The goal of the federal government is to allocate profits to the states for maintenance and construction projects. The chief of the carrier is to send HVUT payment proof to DMV with vehicle registration renewal.
Payment proof for form 2290 is
- Receipted schedule 1 copy with dual sides of the canceled check
- Or electronic schedule 1 copy representing the watermark of dated e-file
- Or IRS form 2290 copy with IRS payment confirmation screen copy.
The license plate renewal notice is mailed to customers from WisDOT DMV for renewal of vehicle registration. Vehicles that do not fall under the exemption from HVUT need to follow a two-step procedure for registration renewal. The above said is mandatory to be completed before DMV sends stickers and a certificate of vehicle registration. By researching the WisDOT website, you gain details regarding HVUT, enforcement, credentialing, licensing, and permits for trucking and motor carriers.
The latest update also mentioned that a delay in gaining the IRS stamped schedule 1 for taxpayers who have filed form 2290 for the period July 1, 2020, to June 30, 2021. The delay is due to the health crisis happening recently. Payments for Form 2290 for July 1, 2020, to June 30, 2021, had due for August 31st. Fleets and owner-operators who made check payments cannot expect the proof of payment schedule 1 immediately.
There aren’t any issues to worry about as there are ample ways to prove the enforcement law about form 2290 payment. A Form 2290 photocopy filed to IRS for registration of the vehicle with mandatory documents for payment by the taxpayer while filing form 2290 is ample.
Wisconsin has updated such crucial details for the safety of people from the deadly virus. Hence understanding the reminder and proceeding helps in easy plate renewal. Take a peek into the IRS site for detailed steps for plate renewal and form 2290 filing. Also, seek the help of Tax2efile for easy filing for form 2290 quickly.