2290 Turned In Late, How Do I Figure Penalties?

Discussion in 'Trucker Taxes and Truck Financing' started by Caterpillar Cowboy, Oct 19, 2017.

  1. Caterpillar Cowboy

    Caterpillar Cowboy Medium Load Member

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    August completely blew by me and I completely spaced doing my 2290 form for the year.

    Short of driving clear to my closest IRS office and having them figure the penalties for me, is there a place I can figure it out on my own?
     
  2. DUNE-T

    DUNE-T Road Train Member

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    Pay it now online and they will mail you how much you owe for late fee
     
    Dave_in_AZ Thanks this.
  3. Caterpillar Cowboy

    Caterpillar Cowboy Medium Load Member

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    I have never done online payment and filing of it, have always just mailed it in, and would like to keep doing that if at all possible.
     
  4. strollinruss

    strollinruss Road Train Member

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    If you do it online it will automatically figure it all up.
     
  5. kwswan

    kwswan Heavy Load Member

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    Then send it in & in a month or three you will get a bill from them for the penalties & interest.
     
    Ezrider_48501 Thanks this.
  6. nax

    nax Road Train Member

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    Resistance is futile....
     
  7. Ezrider_48501

    Ezrider_48501 Road Train Member

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    just wait for it to come in the mail i have forgotten to pay it till my tags come due a couple of times. just sent in the 550 then in a few weeks you will get a bill from the irs for the remaining balance.
     
  8. W9onTime

    W9onTime Heavy Load Member

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    It's funny you have to pay the 2290 tax in advance but if your late paying it in advance you get a penalty , it never used to be that way , we would just pay it before base plate time , no penalty
    Only the IRS would charge a penalty for paying something in advance.
     
    KANSAS TRANSIT and Ezrider_48501 Thank this.
  9. Ezrider_48501

    Ezrider_48501 Road Train Member

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    my god i never even thought about that, now im pissed about the times iv had to pay a late fee on it.
     
  10. W9onTime

    W9onTime Heavy Load Member

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    I remember when it first happened , I asked my accountant to explain it and he got hysterical , I finally hung up on him
     
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