Taxes aren’t very much fun, even though when we pay some of them like the HVUT the money goes to repairing and improving our highways giving us a smoother ride, and preventing wear and tear on our rigs. That’s all great and all, but you still have to pay the tax yourself, so make sure you’re up to date on exactly how to pay it.
How To Pay Your 2290 HVUT
Form 2290 is used to pay your HVUT or heavy vehicle use tax. If you’re in a highway motor vehicle that has a taxable gross weight of 55,000 pounds or more then you have to file e-file a HVUT 2290 form in order to get a copy of your Stamped Schedule 1. E-file means electronically filing online.
A highway motor vehicle includes vehicles that are designed to carry loads over public highways, whether they were also designed to perform other functions or not and that are self-propelled. These vehicles generally include buses, tractor trailers, and large trucks. Vans and pickup trucks tend to weigh less than 55,000 pounds.
The weight only includes the vehicle and it’s chassis or body, not it’s load. The type of load doesn’t matter either, the vehicle can be designed to passengers, supplies, or cargo.
Also, a public highway includes any road in the United States that isn’t private, including city, county, state and federal roads.
Your form 2290 is due the last day of the 2nd month after you first use your new qualifying vehicle. For example, if you first start driving a new qualifying vehicle in February then your Form 2290 would be due by March 31st. Also, the form 2290 needs to be renewed annually by August 31st.
When you file your form 2290 you have to pay your HVUT and you have a few different options for doing that.
You can pay with EFW or Electronic Fund Withdrawal, which is the option offered when you e-file your federal taxes with the use of IRS authorized preparation software, like ExpressTruckTax, or through a tax professional.
With EFW you enter in your bank account information to the IRS’s safe and secure payment system and the tax amount you owe is withdrawn from your bank account usually within 24 to 48 hours of submitting your payment.
Another payment option you have is to pay with the EFTPS or Electronic Federal Tax Payment System. If you select that option you will be taken to the EFTPS site. EFTPS is the free safe and secure payment system that’s offered by the U.S. Department of the Treasury.
To use the EFTPS you will need to create a free account, enter your bank account information, and verify it because this payment system works by withdrawing the funds you owe from your bank account.
Also, you have the 3rd option of mailing a check or money order to the IRS directly. Just make sure that the check or money order is payable to the U.S. Treasury and includes your name, address, EIN, “IRS form 2290”, and the date. Do not send cash.
If you choose to send a check or money order you’ll need to print the payment voucher 2290 -V, or page 5 of your 2290 and include it with your payment. Don’t staple your payment to your form 2990 or payment voucher.
Send Your Payment and voucher to:
Internal Revenue Service,
P.O. Box 804525,
Cincinnati,
OH 45280-4525.
Use ExpressTruckTax for all of your HVUT needs
Here at ExpressTruckTax, we’re HVUT and IFTA experts. We provide the forms that you need to fill out as well as the tools to calculate how much you owe for your taxes. We make the filing process quick, easy, and headache free so you can get off the computer and back to business.
Plus, our dedicated support team is always here to help. Please don’t hesitate to contact us via live chat, phone, or email with any questions that you may have.
