IRS Delayed Your 2290 Refund? Here’s What You Can Do

You are not the only one still waiting for the refund of the Heavy Vehicle Use Tax (HVUT) after filing Form 2290. Refund delays happen for a number of reasons and knowing the underlying cause along with the course of action enables you to resolve the issue smoothly. Here is what you need to do if the refund is delayed on your 2290 Form by IRS.

Major Reasons Identified for the 2290 Refund Delay

Deciding how to take action does depend on your understanding of the possible reasons why your 2290 refund is delayed. These are some of the reasons:

• An IRS Processing Backlog Delays due to an IRS processing backlog because of a high volume of filings for a given period of time, especially around tax season, is common.
• Form 2290 Errors Slower processing times are caused due to mistakes such as incorrectly entered Vehicle Identification Numbers (VINs), business detail mismatches, or even missing signatures.
• Incorrect or Incomplete Refund Request Refunds may also be delayed due to improperly filed Form 8849 (Claim for Refund of Excise Taxes) for lack of supporting documents.
• Issues with Bank Information A significant proportion of delay in processing refund requests is caused due to incorrect information on record with the bank, such as abnormally high rejection rates of deposits to the account.
• IRS Review and Audit For some filers, the IRS may include in-depth review procedures, which definitely will add verification and processing time.

Steps to Take for a Delayed Refund

If your refund is not processed within the stipulated timeline, you can follow these steps to investigate further and resolve any outstanding issues:

Check the Status of Tax Refund

You have the option to contact the IRS directly in order to check the status of your refund:

• Call the IRS Excise Tax Unit at 866-699-4096.
• If you filed electronically, check your e-file account to see if there are any relevant updates.

Check Accurate Filing Information

Make sure that the details filled in Form 2290 and Form 8849 are correct including, but not limited to:

• VIN numbers
• Business name and Employer Identification Number
• Bank account information (if applicable)

If you find mistakes that need rectifying, you might have to face the hassle of submitting a corrected form.

Wait the Acceptable Amount of Time for It To Process

For Form 2290, the IRS refund takes approximately 4-6 weeks to get processed. If the time has exceeded, you may want to take further steps to remedy that issue.

File a Follow-Up Inquiry

In case there’s an unreasonable delay with your refund:

• Create a formal inquiry letter and append your EIN, filing date, and a copy of filed Form 2290.
• Send the letter through certified mail to have a record of it being delivered.

Hire a Professional Accountant

In case you are not able to resolve the issue, it would be a good idea to seek the help of an excise tax professional or accountant.

Stopping 2290 Refund Issues for the Future

To prevent delays in these matters in the future, it is advisable to do the following:

• sFile the taxes electronically so that you are rid of cases with slower processing or wherein mistakes are more likely to happen.
• Make sure all of your information is correct before sending your forms.
• Take note of all submitted documents and IRS communication because theses are important.
• Make sure that you follow up quickly when your refund is delayed beyond a reasonable period of time.

Receiving refunds for your Form 2290 can sometimes come with delays that can be frustrating. However, knowing the negative impacts and being mindful of the problem can help you resolve it easily. With staying up to date and following procedures with the IRS, you can make sure the refund that you are processed is done so as quickly as possible. If required, get help with taxes in the professional sphere to assist you with the procedure.

Note: For more information, visit IRS website