Hello there
Truckers, as you all know that the HVUT Form 2290 is now due for renewal for
the period beginning July 1st, 2019 through June 30th,
2020. The Form 2290 is basically due by June and its payable until the end of August.
However we urge our HVUT payers to E-File and pay their HVUT Form 2290 as soon
as you can to receive an expedited response on the acceptance of your tax
return.
The HVUT
Form 2290 is basically a Federal tax paid on heavy vehicles with a minimum
gross weight of 55000 lbs and the same is used over the public highways for
commercial, agricultural & logging purposes. The tax due is determined by the gross weight
of your vehicle, it begins with 55000
lbs represented by category A
and it increases until over 75000 lbs
represented by Category V.
There will be an increase of $22 for every increase of 1000 lbs in the gross weight. For example if you are reporting a vehicle on the Form 2290 with a maximum gross weight of 55000 lbs the tax due would remain to be $100 and applying the increase of $22, the Annual tax due amount would remain to be $550 for a vehicle reporting with a maximum carrying capacity of 80000 lbs. The electronic Filings will generally be acknowledged by the Internal Revenue Service with an issuance of the digital watermarked copy of schedule 1. This confirmation is a single page Form contacting the Vehicle Identification Number, your entity’s name and address with an E-File date stamp printed right across the middle of the page. This digital watermarked copy would serve you as the proof of filing during your vehicle registration purposes at the Department of Motor Vehicle