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Category: Hvut 2290
Understanding Your HVUT Responsibilities
What is HUVT?
HVUT is the Heavy Vehicle Use Tax that is a fee assessed annually on heavy vehicles operating on public highways at registered gross weights equal to or exceeding 55,000 pounds. The gross taxable weight of a vehicle is determined by adding the unloaded weight of the motor vehicle and any trailers together with the maximum load customarily carried on-road by the truck-trailer combination.
Who Must File?
You must file Form 2290 for the tax period beginning on July 1, 2013, and ending on June 30, 2014, if a taxable highway motor vehicle is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable gross weight of 55,000 pounds or more. The deadline to file is August 31, 2013.
What is Required?
You need the details of your business – Business Name (Sole proprietor can use their legal name) and address, EIN (Employer Identification Number) , details of the authorized signatory.
You need the details of your vehicle – Vehicle Identification Number (VIN) and Gross weight of the Vehicle
If you are going to pay the IRS by direct debit (we strongly recommend it), keep the routing number and the account number ready.
When to File?
Heavy Vehicle Use Taxes must be filed using the Form 2290 on an annual basis. The Tax period for Heavy Vehicles begins on July 1st and ends on June 30th of the following year. The annual renewal of your Form 2290 for a new tax period IS DUE BY August 31st each year.
For new vehicles placed in service, the IRS Form 2290 must be filed by the last day of the month following the month of first use. For example, if you purchase and first use a vehicle in October, you must file a Form 2290 by the end of November.
How to File?
Electronically. File Form 2290 electronically through any electronic return originator (ERO), transmitter, and/or intermediate service provider (ISP) participating in the IRS e-file program for excise taxes, such as ExpressTruckTax.com. E-Filing is required by the IRS, if you are reporting 25 or more trucks on a return. For more information on e-file, visit Trucking Tax Center.
Paper. Mail Form 2290 to the address shown under Where To File. If you did not pay the tax using the Electronic Funds Transfer or Electronic Federal Tax Payment System (EFTPS), mail Form 2290-V and your check or money order with Form 2290.
For more information or to get started today, visit ExpressTruckTax.com or contact our friendly US Based Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!
Form 2290 HVUT Requirements
Suspended vehicles (Category W) are still required to file a Form 2290, even though there is no tax due. A vehicle is considered suspended if the motor vehicle does not exceed 5,000 miles or 7,500 miles for agricultural vehicles during the tax period, regardless of owners.
An agricultural vehicle is any highway motor vehicle that is:
- Used (or expected to be used) primarily for farming purposes, and
- Registered (under state laws) as a highway motor vehicle used for farming purposes for the entire period. A special tag or license plate identifying the vehicle as used for farming is not required for it to be considered an agricultural vehicle.
Also note that logging vehicles are taxed at a reduced rate.
There are some vehicles that are exempt from the tax and are not required to file Form 2290. They are:
- The Federal Government,
- The District of Columbia,
- A state or local government,
- The American National Red Cross,
- A nonprofit volunteer fire department, ambulance association, or rescue squad,
- An Indian tribal government but only if the vehicle’s use involves the exercise of an essential tribal government function,
- A mass transportation authority if it is created under a statute that gives it certain powers normally exercised by the state,
- Qualified blood collector vehicles (see below) used by qualified blood collector organizations, or
- Mobile machinery that meets the specifications for a chassis
For more information on exempt vehicles, go to irs.gov/trucker.
The IRS has simplified the process of filing Form 2290 and paying your HVUT taxes with the ability to E-File. Anyone who is filing a return with 25 or more vehicles is required to file electronically, but everyone is now encouraged to E-File. Through an IRS Authorized E-File Provider, like ExpressTruckTax.com, you can file your Form 2290, pay your HVUT taxes owed to the IRS and receive your Stamped Schedule 1 within minutes. Your Schedule 1 serves as proof of payment for your HVUT and when you file by the August 31, 2013 deadline you will avoid any IRS penalties.
For more information or to get started today, visit ExpressTruckTax.com or contact our friendly US Based Express Tax Support Center in Rock Hill, SC at 704-234-6005 or email us at support@ExpressTruckTax.com. We have Spanish Support too!
Form 2290 E-Filers must E-File HVUT by 1pm on August 31, 2012
IRS Heavy Vehicle Use Tax Form 2290 Stamped Schedule 1
E-File Form 2290 for HVUT Using an Authorized IRS E-File Service Provider
E-File Form 2290 Heavy Highway Vehicle Use Tax Return
Understanding Your HVUT Form 2290 Responsibilities
HVUT is the Heavy Vehicle Use Tax that is a fee assessed annually on heavy vehicles operating on public highways at registered gross weights equal to or exceeding 55,000 pounds. The gross taxable weight of a vehicle is determined by adding the unloaded weight of the motor vehicle and any trailers together with the maximum load customarily carried on-road by the truck-trailer combination. Who Must File?
You must file Form 2290 and Schedule 1 for the tax period beginning on July 1, 2012, and ending on June 30, 2013, if a taxable highway motor vehicle (defined below) is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable gross weight of 55,000 pounds or more. What is required?
You need the details of your business – Business Name (Sole proprietor can use their legal name) and address, EIN (Employer Identification Number), details of the authorized signatory. You need the details of your vehicle – Vehicle Identification Number (VIN) and Gross weight of the Vehicle If you are going to pay the IRS by direct debit (we strongly recommend it), keep the routing number and the account number ready.
When to File?
Heavy Vehicle Use Taxes must be filed using the Form 2290 on an annual basis. The Tax period for Heavy Vehicles begins on July 1st and ends on June 30th.The Annual renewal of your Form 2290 for a new tax period IS DUE BY August 31st each year.
For New Vehicles placed in service, the IRS Form 2290 must be filed by the last day of the month following the month of first use. For example, if you purchase and first use a vehicle in January, you must file a Form 2290 by the end of February.
How to File?
Electronically: File Form 2290 electronically through any electronic return originator (ERO), transmitter, and/or intermediate service provider (ISP) participating in the IRS e-file program for excise taxes, such as ExpressTruckTax.com. For moreinformation on e-file, visit the IRS website at www.irs.gov/efile or visit www.irs.gov/trucker.
Paper: Mail Form 2290 to the address shown under Where to File. If you did not pay the tax using the Electronic Funds Transfer or Electronic Federal Tax Payment System (EFTPS), mail Form 2290-V and your check or money order with Form 2290.
ExpressTruckTax is an IRS authorized E-file provider for Form 2290, E-file IRS Heavy Highway Vehicle Use Tax Return and get IRS 2290 stamped Schedule 1 in minutes. If you have any questions call our Truck Tax team at 704.234.6005 or email us at support@expresstrucktax.com.