Schedule 1 - Schedule of Heavy Highway Vehicles
Use Schedule 1 to do the following:
- Report all vehicles for which the taxpayer is reporting tax (including an increase in taxable gross weight).
- Report vehicles for which the taxpayer is reporting suspension of the tax by category and vehicle identification number (VIN).
- Provide proof of payment to register vehicles(s) (unless specifically exempted) in any state.
Complete the following steps to process Schedule 1.
- Open the 2290 client's return by choosingFilethenOpen Client.
- Select theReturnfolder, and then select the Return tab.noteIf more than 1 tax period unit is present, select the unit to calculate Form 2290 for from the folders block or from the tab's dropdown menu.
- Enter all vehicles reported on Schedule 1 in the statement dialog for theVehicle informationfield in the Vehicle Information section.note
- Schedule 1 displays only the vehicle identification number (VIN) and vehicle category. UltraTax CS provides a Heavy Highway Vehicle Use Tax Worksheet that displays additional information about the vehicles reported on Schedule 1 for ease of tracking.
- UltraTax CS automatically prints two copies of Schedule 1. Both copies should be filed with the appropriate taxing authority. When the return is accepted and the tax paid, 1 copy of the Schedule 1 will be stamped and returned to the filer.
- You can import Schedule 1 information into the Vehicle Information statement.
- Enter remaining data in the client's return, as necessary.
- Verify that the return is accurate.
- Print or electronically file Schedule 1.
- Enter the remaining data for the selected tax period on theReturnscreen and theELFscreen, as necessary.
- File Form 2290 for the selected tax period by either printing and mailing the return or by electronically filing the completed tax return.
