HVUT - Heavy Vehicle Use Tax

What is HVUT?

HVUT is the Heavy Highway Vehicle Use Tax (HVUT) is a federal excise tax collected annually on heavy vehicles operated more than 5000 miles on public highways with a registered or increased gross weights equal to 55,000 pounds or more. The taxable vehicle weight is determined using the following aspects:

  • A full service equipped vehicle's unloaded weight.
  • A full service equipped Trailer's or Semi Trailer unloaded weight used in combination with the vehicle.
  • Maximum load weight customarily carried on the vehicle and in combination with the trailers or semi-trailers.

Who Must File Form 2290?

Truck owners, owner-operators, trucking companies who own and operate heavy motor vehicles with a taxable gross weight of 55,000 pounds and more on public highways requires 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 as a HVUT payment proof.

What is required to File Form 2290?

Have the below information ready to file IRS HVUT Form 2290,

  • Business Name and Address.
  • Employer Identification Number (EIN).
  • Vehicle Identification Number (VIN).
  • Vehicle’s Taxable gross weight.
  • Third Party Designee Information
  • IRS Payment Option

When to File Form 2290?

You must file Form 2290 and report the Heavy Highway Vehicle Use Taxes annually by August 31st for each taxable vehicle that is used on public highways during the current tax period which begins on July 1st and ends on June 30th. For New Vehicles, file 2290 form by the last day of the month following the month of the vehicle’s first use.

How to File Form 2290?

Electronically: File Form 2290 electronically through any electronic return originators (ERO), or any IRS approved e-file service provider such as ExpressTruckTax.com. To know more information on e-file, visit www.irs.gov/trucker.

E-file with ExpressTruckTax, for fast, secure, and error-free HVUT tax reporting with no manual calculations.

File Form 2290 Now

Paper:For paper filing, mail Form 2290 to the IRS address. If tax not paid using the Electronic Funds Transfer or Electronic Federal Tax Payment System (EFTPS), mail the Form 2290-V and check or money order along with Form 2290.

Penalties

If you fail to file the IRS Form 2290 by August 31st, the penalty will be equal to 4.5% of the total tax due. It is charged every month up to five months. Late filers also meet an additional monthly penalty equal to 0.5% of the total tax due.