The IRS wants you to file an amendment to the originally reported form 2290, when there is change in information. There are basically 3 types of amendments that need to be reported for form 2290:
Here's how it works:
Additional tax, due to increase in taxable gross weight
Amendment is filed if the taxable gross weight of a vehicle increases during the period and the vehicle falls in a new category. For instance, an increase in maximum load customarily carried may change the taxable gross weight. Report the additional gross weight for the remainder of the period on form 2290 and also mention the month in which the taxable gross weight increased. IRS form 2290 amendment must be filed by the last date of the month following the month in which the taxable gross weight increased. 2290.us helps you to report the extra gross weight and accurately calculate the additional taxes.
Vehicles exceeding the mileage use limit.
Amendment is filed if the mileage of the suspended vehicle is exceeded from the previous reported mileage on form 2290. Mileage use limit means the use of a vehicle on public highways 5,000 miles or less (7,500 miles or less for agricultural vehicles) in the tax year. The mileage use limit applies to the total mileage a vehicle is used during a period, regardless of the number of owners. Report the additional mileage for the remainder of the period on form 2290 and also mention the month in which the mileage increased. IRS form 2290 amendment must be filed by the last date of the month following the month in which the mileage increased. 2290.us helps you to report the exceeded mileage and accurately calculate the taxes.
A VIN correction is filed if a mistake has been made in any of the VIN filed previously on form 2290. Before, a VIN correction could only be done through paper filing, but now, the IRS has allowed VIN corrections to be done through E-file as it is quick and easy. You can get your VINs corrected and receive your stamped Schedule 1 in minutes From 2290.us.