Hello, truckers and trucking taxpayers! The calendar has flipped to August, and a crucial deadline is looming to haunt you by the end of this month. Yes, the last date to report your HUVT returns for the new tax period is coming. So, if you haven’t reported your truck tax Form 2290 yet, there is no time to delay; e-file Form 2290 in TaxExcise.com. Our intuitive platform helps you smoothly prepare your Form 2290 tax returns with 100% accuracy and transmit them directly to the IRS.

Why Form 2290 is necessary?

If you own or operate a taxable highway-heavy vehicle, you must report and pay the HVUT returns to the IRS using Form 2290 every year. You must prepare Form 2290 tax returns in advance by estimating the tax returns for the entire season. Your heavy vehicle or truck falls into the taxable category if it has a total gross weight of 55,000 pounds or more and is estimated to travel more than 5,000 miles (7500 miles for agricultural vehicles). Also, remember that the tax amount varies based on the heavy vehicle’s total gross weight. You must file your tax returns under the appropriate weight category of your vehicle. Tax amount also varies for logging vehicles based on the total gross weight. Therefore, you must carefully prepare your HVUT returns in Form 2290 and file them to the IRS. Only then, the IRS will smoothly process your 2290 returns and issue the stamped Schedule 1 copy.

Let us find answers to some commonly asked questions regarding Form 2290,

What is the Total Gross Weight of a Heavy Vehicle?

Total gross weight is the total unloaded weight of the heavy motor vehicle or a truck that is fully ready for transportation services. It is the actual weight of the maximum load carried by that particular vehicle. The heavy vehicle should have a total gross weight of 55,000 pounds or more to become a taxable vehicle, and it is eligible for Form 2290 truck tax payments.

What is a Logging Vehicle?

Logging vehicles are heavy motor vehicles or trucks used for transporting logs, lumber, and other goods from forests. They are taxed differently from other commercial vehicles in the Form 2290 tax returns.

What are Agricultural Vehicles?

These vehicles are similar to logging vehicles, mainly used to transport agricultural goods like harvests, farm products, manures, etc., from farms or lands to production units. These vehicles are also taxed differently, similar to the logging vehicles from other heavy vehicles for heavy truck tax Form 2290.

How do I know that my vehicle belongs in the taxable vehicle category?

Every trucker should check the total gross weight of their truck and estimate their mileage on the public highways before the start of the tax period to file Form 2290 to the IRS accordingly. If your truck’s total gross weight is more than 55,000 pounds and is estimated to run more than 5,000 miles (7500 for agriculture vehicles), it automatically falls under the taxable vehicle category. You should report and pay Form 2290 in advance for the tax year.

What should I do if my tax-suspended vehicle becomes a taxable vehicle during the tax period due to unavoidable reasons?

If your tax-suspended vehicle becomes taxable, is deemed to carry more than 55,000 pounds, is expected to run more than the mileage limit, or has already crossed the mileage limit, you should file for a Form 2290 amendment. You can report and pay the Form 2290 truck tax from the vehicle’s first used month until the end of the current tax period and get the IRS Schedule 1 copy accordingly.

For queries and support regarding Form 2290 E-filing, please get in touch with our customer help desk at 1-866-245-3918 (toll-free) or write to us at support@taxexcise.com; we will reply promptly.