Question: What Benefits Are There To E-File The 2290 Tax Form?
Answer: The main benefit is speed. The old way to submit the 2290 form was to either mail in the form, which would take the IRS between 6-8 weeks to return the stamped Schedule-1 receipt to you, or you could visit your local IRS office and stand in a line that is longer than the lines at the DMV. With e-file, most of the websites can return a stamped Schedule-1 within an hour. Many of them say "within minutes," but it really depends on how busy the IRS is at exact moment when you submit the forms. Part of the requirement to register these large vehicles is to have these stamped receipts; so if you are able to get your receipt in a matter of minutes instead of days or weeks, it means you can get back to work on the road quicker.
Categories: Tax Specialist Transportation View All Questions
