2290 Tax on Heavy Highway Vehicle Use :6 Things Every Truck Owner Must Know!


What is Form 2290 ?

IRS Form 2290 is an IRS form for paying federal tax on the first use of a taxable highway motor vehicle on a public highway. The vehicle must be more than 55,000 pound should be registered beginning on July 1, 2019, and ending on June 30, 2020.Here is a list of seven purposes for which IRS form 2290 can be used :

  1. Figure and pay the tax due on highway motor vehicles .
  2. If you completed the suspension statement on another Form 2290 a vehicle and that vehicle later exceeded the mileage use limit during the period,you can use IRS 2290 for payment of tax.
  3. Figure and pay the tax due if, during the period, the taxable gross weight of a vehicle increases and the vehicle falls into a new category.
  4. To claim suspension from the HVUT
  5. To claim a credit for tax paid on vehicles that were destroyed, stolen, sold, or used 5,000 miles or less (7,500 miles or less for agricultural vehicles).
  6. To report acquisition of a used taxable vehicle for which the tax has been suspended.
  7. To figure and pay the tax due on a used taxable vehicle acquired and used during the period.

What is 2290 Due Date ?

The tax year for professional drivers is from July 1st until June 30th of the following year.If you have a new vehicle, you must file Form 2290 by the last day of the month following the first month it was used on public highways. If your vehicle was in use last July, your Form 2290 due date is September 3, 2020.

What are HVUT payment due ?

You should pay 2290 tax within the due dates given below to avoid paying interest and penalties. Also important to note the when is 2290 due and pay tax regardless of when the state registration for the vehicle is due.

IF vehicle is FIRST used duringThen, Due Date is
JulyAug. 31
AugustSept. 30
SeptemberOct. 31
OctoberNov. 30
NovemberDec. 31
DecemberJan. 31
JanuaryFeb. 28
FebruaryMarch 31
MarchApril 30
AprilMay 31
MayJune 30
JuneJuly 31

What to do incase of additional trucks registration?

In case, you registered any additional taxable trucks , you need to pay the Heavy Highway Vehicle Use Tax by filing Form 2290, prorated for the months during which it was in service. The due dates for HVUT should be determined as per the table given above.

Where to Mail Form 2290 ?

Please note that you must e-file your Form 2290, if you are filing for 25 or more vehicles . For manual filing of form 2290 , IRS website provides answer in following table

If you or your client lives in……and IS NOT enclosing a payment
Use this Address
…and IS enclosing a payment
Use this Address
Any state, a foreign country or a United States PossessionDepartment of the Treasury
Internal Revenue Service
Cincinnati, OH
Internal Revenue Service
P.O. Box 804525
Cincinnati, OH
Effective July 1, 2019, please use this address for Form 2290: Department of the Treasury
Internal Revenue Service
Ogden, UT
Internal Revenue Service
P.O. Box 932500
Louisville, KY

What happens if you don’t file Form 2290 ?

If you don’t file Form 2290 online by due date, you are liable penalty and interest. The form 2290 failure to file penalty for failing to file IRS Form 2290 by August 31st is equal to 4.5 per cent of total tax due, assessed on a monthly basis up to five months. If you are late in paying 2290 tax , you may also face an additional monthly failure to deposit penalty equal to 0.5 percent of the total  IRS HVUT tax due . Additional interest charges of 0.54% per month accrue as well.

For quick estimate of the HVUT use our free Form 2290 Tax Calculator .

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