The IRS has extended the deadline for the Heavy Highway Vehicle Use tax normally due on August 31st until November 30, 2011.
Because this tax is set to expire on September 30,2011 this extension is designed to alleviate any confusion and possible multiple filings that could result if Congress reinstates or modifies the tax after that date. Returns should not be filed and payments should not be made prior to November 1st!
If applying for state vehicle registration on a currently owned vehicle, the states are now required to accept as proof of payment the stamped Schedule 1 of the Form 2290 issued by the IRS for the prior tax year ending on June 30, 2011.
If a new vehicle is acquired and registered between July and November states are required to register the vehicle without proof that the highway use tax was paid as long as the person registering the vehicle presents a copy of the bill of sales showing that the owner purchased the vehicle within the previous 150 days.
Please contact our experts if you need assistance with Form 2290 Heavy Highway Vehicle Use Tax or if you have questions about this extension.