Get the free Form 2290

This document provides instructions for completing Form 2290, which is used to figure and pay the Heavy Highway Vehicle Use Tax for highway motor vehicles with a taxable gross weight of 55,000 pounds

How to fill out form 2290

How to fill out Form 2290

1. Obtain Form 2290 from the IRS website or a local office.
2. Fill in your name, address, and employer identification number (EIN) at the top of the form.
3. Select the month in which your vehicle was first used on public highways during the tax period.
4. Indicate the number of vehicles you are reporting for, including any heavy vehicles.
5. Calculate the total tax amount due based on the number of vehicles and their weight categories.
6. Sign and date the form.
7. Make a payment for the total tax due through the IRS payment options.
8. Submit the completed form to the IRS by mailing it to the appropriate address.

Who needs Form 2290?

1. Any individual or business that operates a heavy vehicle on public highways with a gross weight of 55,000 pounds or more.
2. Owners of vehicles used for commercial purposes that require payment of the Heavy Highway Vehicle Use Tax.

People Also Ask about

What is the tax rate for Form 2290?

HVUT TAX CALCULATION Gross Taxable weightHeavy Vahicle 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

How much tax do I pay on 2290?

What is the Tax Form 2290 Bracket? Vehicle Gross Weight (lbs)Taxable Gross Weight CategoryAnnual Tax (USD) 55,000 – 55,999 Category A $100 56,000 – 57,999 Category B $122 58,000 – 59,999 Category C $144 60,000 – 61,999 Category D $16610 more rows • Oct 28, 2024

How do I know if I need to file a 2290?

Heavy Highway Motor Vehicles with a taxable gross vehicle weight (GVW) of 55,000lbs or greater (Taxable Vehicles) are required to provide an Internal Revenue Service (IRS) receipted Schedule 1 of Form 2290 as “proof of payment” of Heavy Highway Vehicle Use Tax (HVUT) prior to, and as a condition of Highway Motor

What is the grace period for 2290?

When the IRS rejects a return, you have 10 calendar days to correct and resubmit the return.

What happens if you don't file your 2290?

Monetary Penalty Due to Late Filing The very first penalty for late filing of Form 2290 is monetary. The IRS imposes a penalty of 4.5% of total tax due for each month or part of a month that the form is late, up to five months.

How much is highway use tax?

What Is the HVUT and Who Must Pay It? Gross Taxable WeightHeavy 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 Jun 23, 2020

How much does a 2290 cost per year?

Simple And Accurate Pricing VEHICLEPRICE 101-250 $49.99* 251-1000 $74.99* 1001 or more $99.99* Unlimited Form 2290 Filings (File an unlimited number of Form 2290s for one tax year for a single business) $1993 more rows

How to calculate tax on 2290?

How much does 2290 tax cost? Step 1: Select your tax period. Step 2: Select the 'First Used Month' Step 3: Select the 'Weight Category' of your vehicle. Step 4: Enter the number of 'Taxable vehicle count' Step 5: Enter the number of 'Logging vehicle count' Step 6: Provide your valid email address. Step 7: Click 'Calculate'

What is 2290 heavy haul tax?

Form 2290, heavy vehicle use tax return is used to figure and pay taxes for the vehicles with the taxable gross weight of 55,000 pounds or more. Filing of Form 2290 is also required when the acquisition of used vehicles is made for the current tax period.

Can I fill out my own 2290 form?

You must use one of the participating commercial software providers. Follow the software prompts to complete, sign and e-file your return. Caution: The third-party provider you choose to file your Form 2290 does not charge the tax you owe. You will only be charged their fee.

For pdfFiller’s FAQs

What is Form 2290?

Form 2290 is a tax form used by vehicle owners to report and pay the federal heavy vehicle use tax (HVUT) to the Internal Revenue Service (IRS) in the United States.

Who is required to file Form 2290?

Vehicle owners who operate heavy vehicles with a gross weight of 55,000 pounds or more on public highways are required to file Form 2290.

How to fill out Form 2290?

To fill out Form 2290, you must provide your vehicle information, such as the VIN, the gross weight of the vehicle, and the date of its first use during the tax period. You will also need to calculate the tax owed based on the vehicle's weight and submit the form to the IRS.

What is the purpose of Form 2290?

The purpose of Form 2290 is to report the heavy vehicle use tax owed for the operation of heavy vehicles and to authorize the IRS to collect this tax.

What information must be reported on Form 2290?

The information that must be reported on Form 2290 includes the vehicle identification number (VIN), the gross weight of the vehicle, the date of first use, any credits for tax paid on vehicles sold or destroyed, and the calculation of the tax owed.