Heavy Vehicles Use Tax Paid on IRS Form 2290

Heavy Vehicles Use Tax Paid on IRS Form 2290: Have you purchased a heavy vehicle to use on public highways? You need to pay Heavy Vehicle Use Tax to the IRS for the purpose of carrying out business on public highways. IRS recommends every trucker report the HVUT returns using Form 2290 within the due date.
Doesn’t know about HVUT paid on Form 2290? We will let you know about the Heavy Vehicle Use Tax paid on IRS Form 2290 for the tax period 2021-22. We also provide you detailed information about the tax paid on taxable vehicles annually.

What is an IRS Form 2290 HVUT?

The IRS Form 2290 used to file Heavy Vehicle Use Taxes. File the Form on annual basis for every heavy vehicle weighing 55,000 pounds or more. According to the IRS, every trucker who operates business on public highways through heavy vehicles which crosses 5,000 miles need to file Form 2290.
Form 2290 is an IRS tax form which gives information about the HVUT payments made in a tax period for using heavy vehicles on public highways. Every trucking industry who carries out business or trade using heavy vehicles need to pay HVUT using Form 2290 to the IRS.

Form 2290 taxable gross weight of heavy vehicles

The taxable gross weight of the heavy vehicles is:

  • The empty weight of the vehicle.
  • Any trailers used in combination with the vehicle, and
  • The load carried out by the vehicle for service.

A taxable vehicle weighs at least 55,000 pounds or more, and travels more than 5,000 miles. Use Form 2290 HVUT to report Heavy Vehicles Use Tax for taxable vehicles.

For example

When you purchase a heavy vehicle of 55,000 pounds fully equipped for service and travels 6,000 miles. Then you need to pay HVUT to the IRS.

Calculation of HVUT on taxable vehicles

As we know, the Heavy Vehicle Use Tax is based on the gross weight of the vehicle. The taxes calculated on taxable vehicles:

Taxable Gross Weight of the VehicleHeavy Vehicle Use Tax per vehicle
Less than 55,000 poundsNo need to pay HVUT
At least 55,000 pounds$100
55,000 – 75,000 pounds$100 plus $22 per 1,000 pounds
More than 75,000 pounds$550
From the above table, you can easily calculate your HVUT’s.

For example James purchased a heavy vehicle weighing 65,000 pounds to operate the business on public highways. Then James needs to pay HVUT of $122 using Form 2290.

What are the exempted HVUT vehicles?

The exempted HVUT vehicles are given below:

Commercial vehicles

Any type of motor vehicle which is used for transporting goods or paying passengers is considered a commercial vehicles. These exempted vehicles to pay HVUT as they used for transporting passengers or property. The weight of the vehicle is less than 55,000 pounds and traveling fewer miles than 5,000 miles annually.

Agricultural Vehicles

The heavy vehicles used mainly and registered under state law for farming purposes for the entire period are considered agricultural vehicles. These vehicles are exempted from HVUT for travelling fewer than 7,500 miles annually.

Blood collector vehicles

A Qualified Blood Collector vehicle used by qualified blood collector organizations are exempted to pay HVUT.

Vehicles not considered as highway motor vehicles

Vehicles that are designed for off-highway transportation are not considered highway motor vehicles. These vehicles fall under exempted HVUT vehicle category.

How to pay HVUT on Form 2290?

You can pay HVUT on Form 2290 filing through paper or e-filing to the IRS.

Paper filing Form 2290

Trucker individuals who are paying HVUT for less than 25 heavy vehicles choose to file through the paper. For paper filing Form 2290, you need to collect the HVUT Forms from the near-by IRS offices. It is a traditional method of filing that involves human interaction. You will receive your IRS Stamped Schedule 1 through the mail with 4-6 weeks as proof of HVUT payment.

E-filing Form 2290

The most convenient and easy process to submit the HVUT payments is through online. IRS instructs every trucker to file HVUT returns online when you are paying the tax for more than 25 heavy vehicles in a year. E-filing allows the filers to file the forms comfortably irrespective of place and time. The IRS watermarked Schedule 1 is received within 5 minutes when you e-file Form 2290 HVUT.

When is Form 2290 HVUT due?

IRS Form 2290 HVUT must be submitted to the IRS every tax year by August 31st. The current tax year to pay HVUT returns begins from July 2021 to June 30, 2022. The due date to file Form 2290 HVUT for newly purchased vehicles is the last date of the month following the first use month of the vehicle.

Example: If you purchase a heavy vehicle in the month of March and started using it on public highways. The vehicle’s First Use Month in March. Form 2290 HVUT is due by April 31st.

Note: If the due date falls on a Saturday, Sunday, or on holiday, file your HVUT returns to the IRS on the next business day.

Did you understand about HVUT paid through IRS Form 2290? What are you waiting for? Searching for an IRS-certified e-file provider? 2290 filing is an IRS-authorized e-file provider site. You can securely file your HVUT returns online using our site.

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