HVUT- Heavy Highway Vehicle Use Tax
HVUT (Heavy Vehicle Use Tax) is the yearly federal tax collected on heavy vehicles with a taxable gross weight of the qualified vehicle must be 55,000 pounds or more operating on the public highways.
Who Must File Form 2290?
If a business is registered with a taxable highway motor vehicle with a gross weight of 55,000 pounds or more and it drives the vehicle above 5000 miles of mileage during its first use of the tax period, then the business is required to file Form 2290 to pay the HVUT tax.
A business files a vehicle as Tax-Suspended vehicle and pays no tax if it drives the vehicle less than 5000 miles of mileage for a tax period.
Information to file Form 2290
- Employer Identification Number (EIN).
- Use the same Name as your EIN Name.
- Vehicle Identification Number (VIN) of each vehicle.
- Taxable Gross Weight of each vehicle.
When to file Form 2290?
For a new vehicle, file 2290 by the last day of the month following the month of your vehicle’s first use. For example, if you get your new vehicle in November, you are expected to pay by the end of December.
Annual tax period for Heavy Vehicles begins on July 1st and ends on June 30th of next year. The Annual renewal of Form 2290 for a new tax period is due by August 31st of each year.
How to file Form 2290?
You can file Form 2290 electronically or by paper to the IRS.
Paper: Mail the physical Form 2290 to the below address, If not filed electronically
Where to File Form 2290
Mail the Form 2290 to: Form 2290 with full payment:Internal Revenue Service,
P.O. Box 804525,
Cincinnati, OH 45280-4525
Form 2290 without payment due or using EFTPS:Internal Revenue Service,
Cincinnati, OH 45999-0031
If you fail to file Form 2290 to the IRS by 31st of August, you have to pay a penalty of 4.5 percent of total tax due amount up to 5 months calculated on a monthly basis.