support@tax2efile.com
          703-229-0326

Efile IRS Tax Form 2290 Truck Tax | Highway Heavy Vehicle Use Tax(HVUT)

Etax2290.com is the IRS authorized efile provider for form 2290 truck tax otherwise called as heavy vehicle use tax(hvut) return. It comes from a series of tax e-file services provided by yakshna solutions inc, which is a leading provider in the tax industry. There are customized packages available for fleet owners as well as tax professionals to file their road tax return with ease. It provides bulk filing features for large fleet owners and 24/7 customer support over phone, chat and email.

File form 2290 with etax2290 today and receive stamped schedule1 from IRS in minutes!

Truck Tax - What does HVUT stand for?

Posted by Admin on 17. April 2012 21:04

The heavy vehicle use tax or  (HVUT)  is a fee assessed annually on heavy vehicles operating on public highways at registered gross weights equal to or exceeding 55,000 pounds. This fee is paid by filing  Form 2290  and paying the applicable  Truck Tax  designated on the Form. After payment has been processed the IRS will issue a stamped  Schedule 1  to show proof of payment.  The gross taxable weight of a vehicle is determined by adding:

  • the actual unloaded weight of the vehicle fully equipped for service
  • the actual unloaded weight of any trailers or semitrailers fully equipped for service customarily used in combination with the vehicle, and
  • the weight of the maximum load customarily carried on the vehicle and on any trailers or semitrailers customarily used in combination with the vehicle

 

If the gross taxable weight is from 55,000 to 75,000 pounds, the HVUT is $100, plus $22 per 1,000 pounds over 55,000 pounds. For over 75,000-pound vehicles, the maximum HVUT is $550 per year. The table below illustrates these categories.

Gross Taxable Weight

Heavy Vehicle Use Tax Rates

Below 55,000 lbs

No tax

55,000-75,000 lbs

$100 plus $22 per 1,000
pounds over 55,000 lbs

Over 75,000 lbs

$550

There are a number of groups that receive exemptions from the HVUT, including:

  • The Federal Government
  • State or local governments, including the District of Columbia
  • The American Red Cross
  • Nonprofit volunteer fire departments, ambulance associations or rescue squads
  • Indian tribal governments (for vehicles used in essential tribal government functions)
  • Mass transportation authorities

There are also a number of vehicles exempted from the HVUT:

  • Commercial vehicles traveling fewer than 5,000 miles annually
  • Agriculture vehicles traveling fewer than 7,500 miles annually
  • Vehicle not considered highway motor vehicles — e.g., mobile machinery for non-transportation functions, vehicles specifically designed for off-highway transportation, and non-transportation trailers and semi-trailers
  • Qualified blood collector vehicles used by qualified blood collector organizations

Exempt carriers may be required to file tax forms with the IRS or notify the local department of motor vehicles (DMV) of the exempt status being claimed.

More Information

Link to IRS Form 2290:http://www.irs.gov/pub/irs-pdf/f2290.pdf
Link to IRS Form 2290 Instructions: http://www.irs.gov/pub/irs-pdf/i2290.pdf