HVUT, or the Heavy Vehicle Use Tax Although the Heavy Vehicle Use Tax is imposed annually, it is also mandatory for vehicles to file for this using the IRS form 2290 after the first use month. The typical tax year for heavy vehicles begins on July 1 and ends on June 30. For vehicles that are first used during the tax year, a prorated tax must be paid for the months that the vehicle was in use. This can be done with the IRS Form 2290 and the easiest way to file the 2290 is through ExpressTruckTax.com
Category: Form 2290
E-File Form 2290 for the 2012 – 2013 Tax periods as of July 1
As you may remember all too well, last year was a very strange year for Truck Taxes. With the threat of a Government shutdown and the seemingly immovable gridlock in Washington, DC it was unclear if a solution would be found. Eventually congress did extend the current legislation for Highway Use taxes, but it were several months late and filing was in November instead of July and August as it usually is.
Filing IRS HVUT Form 2290 with ExpressTruckTax
Filing Form 2290 online is very simple through ExpressTruckTax.com – An IRS Authorized E-File provider. All that is needed is basic information about the vehicle such as its first use month, taxable gross weight, and VIN. All taxable highway motor vehicles must file this form.
HVUT(Heavy Vehicle Use Tax 2290) Filing for 2012-2013
Each year, heavy vehicles that operate on public roads must file the Form 2290 as part of HVUT (Heavy Vehicle Use Tax). This is an annual tax that must be filed for the tax year of July 1 until June 30. As of now, the IRS is not yet accepting this form for the tax year of July 2012 – June 2013. Filing for the Form 2290 should begin on July 1st of 2012.
It’s Time to E-File the IRS Form 2290 for all vehicles first used inMarch 2012
Although the Heavy Vehicle Use Tax is imposed annually, it is also mandatory for vehicles to file for this using the IRS form 2290 after the first use month. The typical tax year for heavy vehicles begins on July 1 and ends on June 30. For vehicles that are first used during the tax year, a prorated tax must be paid for the months that the vehicle was in use. This can be done with the IRS Form 2290 and the easiest way to file the 2290 is through ExpressTruckTax.com
E-File a VIN Correction for your Form 2290 for FREE!!!
It is always important to be extra careful when filing any form with the IRS. A small mistake could end up costing you more money or risking an IRS audit. However, if you E-File the IRS Form 2290 for Heavy Vehicle Use Taxes through ExpressTruckTax.com you have the ability to resubmit it until it is accepted at no extra charge. Likewise, if a mistake is made while entering the Vehicle Identification Number, or VIN, a VIN Correction can also be E-Filed for free.
E-File a Form 2290 Online and Save Time on your HVUT filing
Each Year, Heavy Vehicle owners must file an IRS Form 2290 in order to fulfill the Heavy Vehicle Use Tax. This applies to all vehicles whose taxable gross weight is 55,000 pounds or more. This also only applies to vehicles operating on public roads for at least 5,000 miles during the tax year of July 1 – June 30. This mileage limit is different for agricultural [or farm] vehicles. Vehicles that are used for agriculture are allowed to travel up to 7,500 miles on public roads during the year and still remain exempt from the Heavy Vehicle Use Tax.
Filing a Form 2290 Online
Only a few years ago, a wireless internet connection was a rarity. Now it is hard to find a place that does not offer Wi-Fi. Due to this increase in web access, people are becoming more and more productive. As you may have noticed, the IRS is also moving in this direction. Each year, more and more people E-File their tax returns with the IRS online. The IRS seems to be pushing this method of tax filing as well. One particular example of this is IRS Form 2290, which is used to collect what is referred to as the Heavy Vehicle Use Tax or HVUT. It is a fee that the IRS requires all vehicles with registered gross weights equal to or exceeding 55,000 pounds to pay annually on heavy vehicles operating on public highways.
Truck Tax Form 2290 Deadline of March 31st for Vehicles First Used inFebruary
Heavy Vehicle Use Taxes, or HVUT, must be filed and paid annually. The Tax Period for Heavy Vehicles is typically from July 1 until June 30 of the following year. However, HVUT must also be filed the month after the vehicle is first used. So, if a vehicle is put in service during the tax period, HVUT must also be filed for the First Use Month.
Rules for HVUT IRS Form 2290 Filing
Each year, heavy vehicles are taxed by the IRS depending on their weight, and miles travelled. The IRS Form 2290 imposes an excise tax on certain highway motor vehicles (26 CFR Part 41) under section 4481 of the Internal Revenue Code. Section 4481 imposes an excise tax on the use in any taxable period of a highway motor vehicle with a taxable gross weight of 55,000 pounds or more. The amount of the tax is based on the gross weight of the vehicle with a maximum of $550 per vehicle per taxable period. The person to whom the vehicle is registered at the time of the first use for the year must pay the tax. The tax period begins on July 1 and ends on June 30th of the following year.