Form 2290 Instructions 2023-2024

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.

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 July is your first use month, enter 202207 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.

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.

Third-Party Designee

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.

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.

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 the 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.

After computing taxes you have to pay the taxes to the IRS, click here to know more about the IRS
payment methods.

Form 2290 comes with two copies of Schedule 1. You have to complete both 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 as 2290 Stamped Schedule 1.

Enter business details such as name, EIN, and address. Also, make sure that you have entered the first used month of the vehicles that you are reporting under Schedule 1. This information must match the information that is reported on Form 2290.