Heavy Vehicle Use Tax (HVUT) is a tax that you pay to the federal Internal Revenue Service (IRS) for annual national highway use. It applies to the vehicles operating on public highways at a gross weight of 50,000 pounds. If you plan to pay your HVUT, you must be curious to know how it works.
The IRS will validate and then send you the acknowledgment of your payment. The IRS form 2290 schedule 1 copy is the actual proof of payment that you must have.
Without the stamped schedule 1, you would not be able to prove that you have paid your heavy vehicle taxes, and indeed it can put you in trouble. If there is no proof, you wouldn’t be allowed to register or renew your vehicles for The International Fuel Tax Agreement (IFTA), International Registration Plan (IRP), Unified Carrier Registration Program (UCR), or renew the tags at the Department of Motor Vehicles (DMV).
As it is clear that getting a copy of your stamped schedule 1 is essential, a question arises: How would you get a copy of your 2290 proof of payment? Here is everything that you must know to get your proof of payment.
Get a form 2290 copy
Tax form 2290 is filed electronically or by mail. The payment is made through Debit or Credit card, Electronic Funds Withdrawal (EFW), Electronic Federal Tax Payment System (EFTPS), check, or money order.
When you e-file, the IRS validates your tax returns and sends you confirmation mail within minutes. In the mail, a copy of form 2290 schedule 1 proof of payment will be given that is also referred to as IRS e-file watermark. Always check the IRS e-file logo and receipt date that should be mentioned on the form.
This digital copy is accepted everywhere, such as DMV, federal authorities, or DOT. Besides, it can be required in many instances, so you must download and print it. While printing, ensure that the IRS e-file watermark and receipt date are readable on the copy.
If you have paper filed, you will receive a stamped schedule 1 by mail. It may take a time period of 5-6 weeks to process your tax returns and send you proof of payment.
➡LEARN MORE: Form 1023-ez • Eligibility and How to apply
Purpose of form 2290 schedule 1 copy
- To report the tax for all vehicles using Vehicle Identification Number (VIN).
- To register or renew the vehicles, license plates, and tags.
- To lease or contract the truck.
- To operate the heavy vehicle on the public highway.
- To claim a refund on tax paid on your vehicle under overpaid tax dues.
- To show as proof of payment to U.S Customs and Border Protection for allowing Canadian or Mexican vehicle into the U.S.
How to retrieve a stamped schedule 1 copy
If you e-filed the tax return, you can immediately get the schedule 1 form by logging in to your account. Navigate to stamped schedule 1 status page and download and print as many copies of the form as you want.
Another option is to request the IRS by fax to 855-386-5124. Include a filed copy of form 2290 and schedule 1, and attach a cover sheet titled “Expedite Schedule 1 Request.”
Add your name, phone number, fax number, date of filing form 2290, and the number of pages you faxed. Moreover, your request must be signed by the company officer.
Once the IRS receives your fax, they will fax you a new stamped Schedule 1 within 3 business days. Sometimes, it can take over a week.
Therefore, requesting through fax is impractical. The fastest and easiest method is to e-file your tax returns and get an immediate copy anytime.
Co-founder of AllAboutCareers, one of the top sites for graduates, students and school leavers websites. I studied at the University of Essex. This is my site I talk about finance and help with administrative processes in the USA.