Hello, Truckers! We had another great form 2290 HVUT tax filing season for the tax period, 2022-2023. We hope you have reported form 2290 truck taxes to the IRS and received the IRS stamped schedule 1 copy to operate your trucking business smoothly.
Truckers must report and pay form 2290 truck taxes for their taxable heavy vehicles for every tax season during the beginning of the tax season. A heavy vehicle or truck should have a total gross weight of 55,000 pounds or more to enter the taxable vehicle category. Form 2290 has different total gross weight categories from A to V in which each category belongs to a different gross weight varying from 55,000 pounds to 75,000 pounds. The form 2290 payment also varies for each weight category. Therefore, truckers should estimate the total gross weight of their heavy vehicles and pay the tax dues accordingly.