Heavy Vehicle Use Tax (HVUT) is for the usage of public highways by vehicles with registered gross weight equal to or exceeding 55,000 pounds. HVUT is proportional to the gross weight of the vehicle and the load carried. The gross weight of the vehicle is the sum of the weight of the motor vehicle & the trailers when empty. The load carried is the maximum of the load carried through the vehicle and the trailers.
Form 2290 and Schedule 1 is used to report Heavy Vehicle Use Tax. The heaviness of the vehicle is accounted after its first use from registered gross weight equal to or exceeding 55,000 pounds, under State, District of Columbia, Canadian or Mexican Law. The owners of the heavy vehicles report for HVUT each year for the tax period (July 1 of the existing year to June 30 of the following year).
August 31st. The deadline for filing your form 2290 is the last day of the second month following the end of the tax period on June 30th (from July 1 of the previous year). If your vehicle is new, you need to report the tax paid from the last day of the month following the month of first use. For example, if your first registered use of the new vehicle in January, report HVUT from the month of February. Report the tax paid up to the month of filing the form is the August 31st.
Through any intermediate service providers of the IRS e-file program for excise taxes, such as ExpressTruckTax.com, or through any electronic return originator (ERO), transmitter etc., you can file Form 2290 electronically with the payment for HVUT. To learn more about the IRS e-file providers, visit www.irs.gov/trucker.
As an IRS authorized e-file provider, ExpressTruckTax supports Form 2290, Form 8849 and Form 2290 Amendments. To learn more click here.
You can paper-file Form 2290 to report HVUT with Voucher Form 2290-V to report tax paid through check and money order.
If you Form 2290 payment is late (after August 31st each year), you need to pay a penalty of 4.5% of the total tax due for every month up to 5 months. If you file your return late as well as pay late, you need to pay an additional monthly penalty of 0.5% of the total tax due along with an extra interest charge of 0.54% per month for the tax due.