Filing IRS form 2290 is vital for any owner or operator of a truck who seeks to comply with the Heavy Vehicle Use Tax (HVUT) requirements. A prerequisite for filing 2290 is possessing an Employer Identification Number. If you are wondering ‘why do I need an EIN, and how can I obtain one?’ There is steps explained in this guide.

The Reason You Need an EIN for Form 2290

It is a common misconception among truckers that they can use their Social Security Number (SSN) to submit Form 2290. The reality however, is that IRS mandates the use of EIN. EIN is meant for identifying the business entity and during HVUT filling it is indispensable. Not possessing one means the IRS will reject your return, delaying the production of your stamped schedule one which is a prerequisite for registering the vehicle.

How to Obtain an EIN

The good news is that applying for an EIN is completely free and uncomplicated. You can apply through the IRS website online, and in most situations, your EIN will be available to you immediately after completing the application. Always remember to apply well before the due date of the Form 2290 since activating your EIN in the IRS system can take up to two weeks, considering e-filing requirements.

What If You Obtained an EIN Recently?

If you have recently gotten your EIN, you may run into trouble filing Form 2290 immediately. There are some issues regarding filing it electronically. Allow some time for the new EIN records to be updated in the IRS system. It’s better to wait for at least 10 to 14 business days before trying to e-file. Trying too early can result in receiving a submission that gets rejected due to an error stating that the EIN does not exist in the IRS records.

Punctual Filing and Penalty Avoidance

Avoid applying for the IRS EIN at the last minute because it is too late. Obtaining a Form 2290 without active EIN may hinder you from registering your truck or renewing your plates which can lead to costly penalties and unwanted downtime. Having your EIN in advance helps you avoid costly repercussions.

Obtain Your EIN Now

Every truck owner filing for Form 2290 requires an EIN. Regardless if you operate under sole proprietor, LLC, or corporation your business will be registered within the IRS while maintaining compliance. Avoid facing IRS rejection, fines and penalties by applying for your EIN now.

Note: For more information, visit IRS website