Claiming refund on sold or traded heavy motor vehicles

The Federal Excise Tax Claims that you owe back from the IRS can be claimed electronically using Refund Form 8849 - Claim for Refund of Excise Taxes. The Form 2290 taxes reported on a taxable heavy motor vehicle can be made online using Form 8849 - Schedule 6 Other Claims. 

Tax Refunds are part and parcel of a tax return, the heavy vehicles that qualifies for a refund are categorized as;

• Sold or Traded Vehicle Credits (Stolen vehicle, Destroyed vehicles)
• Low Mileage Vehicle Credits
• Over Paid Tax Dues 

Sold or Traded Vehicle Credits also includes stolen vehicle, destroyed vehicles for a tax period can be made then and there by filing Refund Claim Form 8849 - Schedule 6 Other Claims. 

Claim a credit for tax paid on a vehicle that is destroyed, stolen or sold can be made while reporting a new purchased vehicle 22290 taxes and adjust the refund against the tax amount. Otherwise claim the refund by reporting Form 8849 Schedule 6 return. 

Sold or Traded or Sold Highway Motor Vehicle Claims 

The heavy highway motor for which taxes are paid in July and the vehicle is sold or destroyed or stolen, you qualify for the refund on the taxable vehicle. You can claim the refund by reporting Form 8849 Schedule 6 Other Claims forms. This can be done electronically at Tax2290.com. 

To claim amount is prorated from the month of sale to the end of the tax year that is until June 30. If you report any new tax on a vehicle that is purchased new after the sale of old vehicle you can report 2290 tax on the new vehicle and adjust the refund that you owe for the old sold vehicle. 

A pro rated refund of the tax paid on Form 2290 for a vehicle that was sold, destroyed, or stolen before June 1 of any period (July 1 – June 30) and subsequently not used during the period. The claim is made by the person in whose name the vehicle is registered at the time it was sold, destroyed, or stolen. To make a claim for a vehicle that was sold, destroyed, or stolen, the following information must be included in the return;

• The vehicle identification number (VIN).
• The taxable gross weight category.
• Whether the vehicle was sold, destroyed, or stolen.
• The date of the sale, destruction, or theft.
• In case of sale, need to quote the name of the purchaser and other details as prompt in the website. 

Electronic Filing for Refund Claim on Heavy Vehicle

TaxExcise.com is the only website that supports electronic filing for all the Federal Excise Taxes. The heavy motor vehicle that qualifies for a refund and you woe back the tax that you paid to the IRS can be claimed online. Getting started with the 2290 claims is easy and fast. It would just minutes to get an online digital acknowledgement and just takes couple of weeks to receive the refund check. When you claim it manually or through a paper return, it would take more than 45 days to get it processed and further delay for clarification on refunds. 

Other Allowable Refund Claim on vehicles reported in IRS Tax Form 2290 is; 

• Any vehicle on which the tax was paid on Form 2290 if the vehicle was used 5,000 miles or less on public highways (7,500 or less for agricultural vehicles) during the period (July 1 – June 30). The mileage limitation applies to the total mileage a vehicle is driven during a period regardless of the number of owners of the vehicle. A claim for this mileage refund cannot be filed until after June 30 of the period. The claim is made by the person that paid the tax to the government.

• An over payment of tax due to a mistake in tax liability previously reported on Form 2290. The claim is made by the person that paid the tax to the government.

eFile Form 2290 Refund Claims Today!