Heavy Highway Vehicle Use Tax Return Form 2290 (HVUT) Information

Aug. 16, 2012 - PRLog -- 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.


Rock Hill, SC, United States., August 16, 2012 - (PressReleasePoint) -

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.

The Form 2290 must be filed 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 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.

There are a few instances where a vehicle is exempt from paying the HVUT tax, even if most of those instances; a Form 2290 is required to be filed even if no tax is due. Detailed information can be found on the IRS site at www.irs.gov/trucker.

Required: Business Details - Business Name (Sole proprietor can use their legal name) and address, EIN (Employer Identification Number), details of the authorized signatory.

Vehicle Details - Vehicle Identification Number (VIN) and Gross weight of the Vehicle.

Form of IRS payment-we suggest direct debit.

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 the 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 purchased and first used in January, a Form 2290 must be filed by the end of February.

Paper filing is still accepted, but the IRS requires anyone filing for 25 or more vehicles do so electronically and recommends that everyone do so.

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 more information 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 showed under Where to File. If ytaxes were not paid using the Electronic Funds Transfer or Electronic Federal Tax Payment System (EFTPS), mail Form 2290-V and the check or money order with Form 2290.

Or take the Form 2290 to the nearest IRS office.

ExpressTruckTax is an IRS authorized E-file provider for Form 2290, E-file IRS Heavy Highway Vehicle Use Tax Return and get an IRS 2290 stamped Schedule 1 in minutes. For any questions call the Truck Tax team at 704.234.6005 or email at support@expresstrucktax.com.