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IRS Form 2290: Line by Line Instructions
The Form 2290 is used to pay the Heavy Highway Vehicle Use Tax on heavy vehicles (trucks) operating on public highways with gross weight of 55,000 pounds or more. Taxes collected will be used for highway construction and maintenance.
To help with HVUT 2290 filing, ExpressTruckTax has created this resource to walk you through each line of Form 2290.
In this article, we cover the following topics:
1.Basic Business Details
The first section of the Form 2290 asks for basic information about your business including Name, EIN, and Address.
The second section of the Form 2290 is used to make amendments to an old Form 2290 or to report a final return (if you are getting out of the business, switching trucks, etc.). This section has four different options:
- Address Change - To report a change in address
- VIN Correction - To report a VIN change for a previously filed Form 2290
- Amended Return - To report any additional tax from an increase in taxable gross weight or from a suspended vehicle that exceeded mileage exemptions
- Final Return
If you are not making amendments to an old return or filing your final return, you can skip this section.
2.Part I - Figuring the Tax
How to calculate your HVUT tax:
Line 1: First Use Month
The First Use Month is the date that you first used your truck.
If the July is your first use month, enter 202007 in the boxes to the right. Otherwise, just enter the first used month.
Line 2: Tax
The total tax amount for vehicles reported on page 2, column (4).
Line 3: Additional tax from an increase in taxable gross weight
Use only when the taxable gross weight of a vehicle increases and the vehicle falls in a new category.
Line 4: Total tax
If you entered additional taxes on Line 3, add it to the amount on line 2 and enter the sum on line 4.
Line 5: Credits
Use only if you are claiming a credit on a vehicle that was sold, destroyed, or driven 5,000 miles or less (7,500 or less for an agricultural vehicle) last year..
Line 6: Balance due
If you are claiming credits, subtract line 5 from line 4 and enter the amount on line 6. This will be the amount you owe the IRS.
If you want to pay by EFTPS, select that option now.
Note: The IRS is not currently accepting the payments by Credit or Debit Card. Credit or debit card payment should be available on again January 1, 2021.
3.Part II - Statement in Support of Suspension
Complete the line that is applicable to you.
Line 7: Declaring a Suspended vehicle (Category W)
Check either of the options:
- Driven 5,000 miles or less
- Driven 7,500 miles or less (for agricultural vehicles)
A vehicle is considered suspended from the Form 2290 if it is not driven more than 5,000 miles (or 7,500 for agricultural vehicles) in a given year. Suspended vehicles are exempt from HVUT taxes, but are still required to file the Form 2290.
Line 8: Check the box on line 8a if you are claiming suspended vehicles for last year. Enter the VIN on line 8b.
Line 9: If you sold or transferred the suspended vehicle reported on line 7, enter the VIN for that vehicle and who it was transferred to and when.
If you want to give permission to someone to be able to discuss your Form 2290 with the IRS, check “Yes” here. Then, provide their name, phone number and the personal identification number.
Signing Form 2290
Make sure that you have signed your Form 2290 before mailing it to the IRS. Unsigned forms will be sent back and won’t be considered as filed.
Note: When you e-file your Form 2290, you can enter any 5 digit PIN to e-sign your Form 2290.
Paid Preparer Use Only
If you have someone filing your Form 2290 for you, they need to complete this section with their name, PTIN, Firm Name, EIN, Date, Contact Number, and address.
4.Computing HVUT Taxes
Page 2 of Form 2290 is about Tax Computation.
HVUT tax calculation is based on the taxable gross weight category and the number of taxable vehicles.
Taxable gross weight is identified by a separate category starting from 55,000 pounds (Category A) to 75,000 pounds (Category V) or more.
This tax computation has 4 columns.
- Column 1 - Annual Tax
- Column 2 - Partial-period tax
- Column 3 - Number of vehicles
- Column 4 - Amount of Tax
Amount of Tax = Annual Tax or Parital-period tax multiplied by Number of vehicles.
If you have vehicles of same category, enter it on the respective row, and if it is from the same category enter the number of vehicles.
Then enter the total of all the taxable vehicles and the taxes in the respective boxes and use the same information to report it on Line 2 of Form 2290.
Information: IRS mandates electronic filing for those who report Form 2290 for more than 24 vehicles. IRS still suggest E-filing for those who are reporting less than 24 vehicles for quicker processing.
5.Schedule 1 (Form 2290) - Schedule of Heavy Highway Vehicles
Form 2290 comes with two copies of Schedule 1. You have to complete both the copies and file them with the IRS. One copy will be used by the IRS for its reference and another copy will be sent back to you with a stamp which is commonly known 2290 Stamped Schedule 1.
Information: When you file Form 2290 by paper, usually it takes up to 4 to 6 weeks to receive your schedule 1 from the IRS. E-file Form 2290 and instantly receive Schedule 1.
6.Completing Schedule 1 (Form 2290)
7.Part I - Vehicles You are Reporting
In Part I, Enter the VIN and the weight category for the vehicles that you are reporting.
Information: You can report up to 24 vehicles if you are filing by paper. And if you have more than 24 vehicles, you have to e-file Form 2290 with the IRS.
8.Part II - Summary
Part II requires a summary of the vehicles such as the total number of vehicles reported, including taxable and suspended if any which are reported on Form 2290.
Information: If you have vehicles with different first used month, you have to file a separate Form 2290 with the IRS. Follow the same instructions to complete the Form 2290 and to calculate the HVUT taxes.
9.Form 2290-V Payment Voucher
Form 2290-V requires Name, EIN, address, First Used Month, and the amount that you are sending along with this payment voucher.
Send Form 2290, along with this payment voucher Form 2290-V, and payment to:
Internal Revenue ServiceP.O. Box 932500,
Louisville, KY 40293-2500.
Information: If you are filing Form 2290 electronically, you can choose to pay your taxes either by EFW, EFTPS, Credit, or Debit Cards.
10.File 2020-2021 Form 2290 Electronically
Get started now with ExpressTruckTax and e-file your Form 2290 in less than a few minutes. You get your 2290 schedule 1 in minutes through your registered email. You can also opt to receive Schedule 1 via fax or postal mail.
Check out the benefits of filing Form 2290 with ExpressTruckTax.