HVUT - Heavy Highway Vehicle Use Tax is a fee assessed seasonally on heavy vehicles weighing around 55,000 pounds or more for operating on the public highways. The following guidelines to compute the gross taxable weight of each vehicle are:
Small, medium and large truckers with a vehicle at a taxable gross weight of 55,000 pounds and more are required to file Form 2290 to report the HVUT tax annually to the IRS and get a stamped Schedule 1 copy from the IRS in return.
The pieces of information required to file IRS HVUT Form 2290 are,
The annual tax period to report the Heavy Highway Vehicle Use Taxes and file 2290 begins on 1st July and ends on 30th June. The tax period for the Annual renewal of Form 2290 is due by August 31st of each year. For New Vehicles, file 2290 form by the last day of the month following the month of the vehicle’s first use.
To file Form 2290 electronically, file it through an Electronic Return Originators (ERO) or with an IRS authorized e-file provider like ExpressTruckTax.com. For further information on e-filing, visit the IRS Trucking Tax Center.
Easily e-file Heavy Vehicle Use Tax with ExpressTruckTax and complete your error-free HVUT reporting with no manual tax calculations needed.
File Form 2290 NowComplete and mail Form 2290 to the IRS if not filed electronically. Mail the Form 2290-V and your check/money order along with Form 2290 if not paid using EFTPS or credit/debit card.
Where to file
If not filing electronically, mail Form 2290 to below address:
Form 2290 with full payment
Internal Revenue ServiceForm 2290 without payment due or using EFTPS or by credit/debit card
Department of the TreasuryThe penalty for failing to file the IRS Form 2290 by August 31st is equal to 4.5% of total tax due, charged every month up to five months. Late filers also meet an additional monthly penalty equal to 0.5% of the total tax due. Other interest charges of 0.54 percent per month collect as well. It is essential for the filers to immediately e-file form 2290 if missed the deadline to minimize the penalty and also to prevent the vehicle tag cancellation by the Department of Motor Vehicle (DMV).