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Irs Form 2290 Taxes On Truckers

According to the U.S. Bureau of Labor Statistics, the demand for truckers is increasing and is expected to continue to increase 10% over the next 10 years. The heavy vehicle use tax or HVUT is a fee assessed annually on these heavy vehicles operating on public highways at registered gross weights equal to or exceeding 55,000 pounds. This tax is paid by filing IRS Form 2290. The current tax period is July 1, 2012-June 30, 2013. The deadline to file for all vehicles used during the month of July is August 31, 2012.

The penalty for not filing the IRS Form 2290 by August 31st 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 in IRS tax debt. In addition to the monetary federal penalties, states suspend the registrations of vehicles for which proof of HVUT payment has not been provided. So not only will the taxpayer owe more money, they will also be unable to renew their registrations, so they will be unable to work. HVUT evasion penalties can even be as severe as fines and incarceration.

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

A Form 2290 must be filed annually, for each taxable vehicle that is used on public highways during the current period. The Current Period is from July 1, 2012, and ends on June 30, 2013. A Form 2290 must also be filed once a vehicle is placed in service. The due date for each month is the last day of the following month. For example: if a vehicle is placed in service on October 3rd, the Form 2290 will be due on November 30th.

You can e-file your Form 2290 quickly and easily at and receive your Schedule 1 within minutes. Your Schedule 1 serves as proof of payment for your HVUT and when you file by the August 31, 2012 deadline you will avoid any IRS penalties. provides easy to use, quick and secure navigation process to file heavy vehicle use tax form 2290 online. Contact our friendly US based customer support center in Rock Hill, SC at 704-234-6005 or email us at

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