HVUT Form 2290 requirements to file Form 2290
Heavy Vehicle Use Tax (HVUT)
The IRS Form 2290 exists as a way to pay Heavy Vehicle Use Taxes or HVUT, which must
be filed with the IRS for any highway motor vehicle that exceeds a gross weight of 55,000
pounds.
IRS Tax Form 2290 online also includes what is known as a Schedule 1, which is used to
report all vehicles for which you are reporting tax (including an increase in taxable gross
weight) and those that you are reporting suspension of the tax by category and vehicle
identification number (VIN). The Schedule 1 may also be used as proof of payment to
register your vehicle in any state. Use the stamped Schedule 1 that was returned to you by the
IRS for this purpose.
Form 2290 HVUT Requirements
The heavy vehicle use tax or HVUT is an annual fee assessed on heavy vehicles operating on
public highways at registered gross weights equal to or exceeding 55,000 pounds. The gross
taxable weight of a vehicle is determined by adding the unloaded weight of the motor vehicle
and any trailers together with the maximum load customarily carried on-road by the truck-
trailer combination. IRS Form 2290 is filed annually to pay the HVUT due on the taxable
vehicle and proof of payment is the Stamped Schedule 1 Form 2290. The monies collected
are used to offset the cost for road repairs and maintenance.
The IRS has simplified the process of filing Form 2290 and paying your HVUT taxes with
the ability to E-File. Anyone who is filing a return with 25 or more vehicles is required to
file electronically, but everyone is now encouraged to E-File. Through an IRS Authorized E-
File Provider, like ExpressTruckTax.com, you can file your Form 2290, pay your HVUT
taxes owed to the IRS and receive your Stamped Schedule 1 within minutes. Your Schedule
1 serves as proof of payment for your HVUT and when you file by the deadline you will
avoid any IRS penalties.
Penalties for Not Filing Form 2290 HVUT
The current tax period is July 1, 2014-June 30, 2015. The penalty for not filing the IRS Form
2290 by the deadline is equal to 4.5% of total tax due. This amount is assessed on a monthly
basis up to five months. Those who choose not to make their HVUT payment also face an
additional monthly 0.5% of the tax due penalty. Additional interest charges of 0.54% per
month accrue as well. Within 5 months of not filing and paying the HVUT tax, the HVUT
liability that was originally $550 will be over $700.