HVUT is the Heavy Vehicle Use Tax that is a fee a-sessed annually 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 […]
ExpressTruckTax | November 8, 2012 | E-file form 2290, EFTPS, EFW, EIN, Federal Heavy Vehicle Use Tax, Form 2290, HVUT, IRS payment options, prorated HVUT, Schedule 1, Taxable gross vehicle weight, VIN | No Comments
HVUT is the Heavy Vehicle Use Tax that is a fee a-sessed annually 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.
You must file Form 2290 for the tax period beginning on July 1, 2012, and ending on June 30, 2013, if a taxable highway motor vehicle (defined below) is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable gross weight of 55,000 pounds or more.
There are a few instances where a vehicle is exempt from paying the HVUT tax, even if most of those instances; a Form 2290 is required to be filed even if no tax is due. You can find detailed information on the IRS site at www.irs.gov/trucker.
Form of IRS payment- When E-Filing with ExpressTruckTax you have 3 options for paying any tax amounts due. Electronic Funds Withdrawl (EFW) using your bank routing number and bank account number, Electronic Federal Tax Payment System (EFTPS) by visiting EFTPS.gov or by mailing in a check or money order. We suggest EFW.