A road tax is assessed on heavy vehicles that are operating on public highways in the United States. The 2290 road tax is also known as the Heavy Highway Vehicle Use Tax (HVUT). Truckers with heavy vehicles must file Form 2290 to drive them on public roads. Heavy vehicles with a gross weight of 55,000 pounds or more are considered taxable gross weight and taxable vehicles. Vehicles that exceed 75,000 pounds need to pay an HVUT tax of $550 per year.

The Department of Motor Vehicles (BMV) requires proof of payment of HVUT each year, and non-compliance leads to a penalty. The tax period for HVUT begins on July 1 every year and ends on June 30 of the next year.

Form 2290 Requirements

IRS required the basic information while the filing process of Form 2290 online. Here we mentioned the filing necessities.

• Name & Address of your Business.
• Employer Identification Number (EIN).
• Vehicle Identification Number (VIN).
• First Used Month of Vehicle (FUM).
• Taxable Gross Weight of Vehicle.
• The total number of Taxable Vehicles.
• The total number of Suspended Vehicles (If any).

Note: Fraudulent and inaccurate information files can lead to fines and sometimes even imprisonment.

What is Form 2290? Why do I need to file it?

HVUT tax returns are filed with the IRS using Form 2290. You can submit your 2290 form through any e-file provider approved by the IRS. The IRS Form 2290 can be submitted both online and offline. If you acquire a taxable vehicle, you must pay the HVUT tax by filing Road Tax Form 2290 with the IRS. You will receive the 2290 schedule 1 proof as a result of the 2290 filing.

Renewal of your heavy vehicle or registration of a new vehicle with the IRS is advantageous. When you successfully submit Schedule 1, you will receive proof of payment.

Just be aware and alert for 2022-23 Road Tax Form 2290?

Late isn’t fate, but sometimes it happens for any reason or because of busyness. But being updated is important for everyone. So, truckers need to be aware and alert for the 2022–23 tax year to file form 2290 Road Tax. Be the first to file a form 2290 tax return to avoid being part of the rush during the peak filing season. Then you won’t be subject to the IRS penalties. When you file the 2290 road tax form in advance or on time, you will get your instant schedule 1 proof early.

Form 2290 Amendment

The process of filing IRS Form 2290 includes several steps, one of which is an amendment. When making VIN corrections in previous files, reporting to the IRS of increased gross weight, and writing vehicle mileage that has exceeded the limit, truckers are required to file the amendment form by following specific procedures.

Before the final day of the month after the vehicle falls under a new category, you must submit Form 2290 Amendment return to the IRS. The amendment return form is used to pay the additional tax for the HVUT forms that were previously filed. Furthermore, you can update the Vehicle Identification Number with us by logging into your e-file account, and you’ll get an IRS-stamped Schedule 1 instantly.

Is it possible for Road Tax 2290 to go unpaid?

No, it is never possible for a trucker with heavy highway vehicles to escape paying the 2290 road tax. The 2290 tax return must be filed by every trucker who owns taxable vehicles with a gross weight of 55,000 pounds or more. In that sequence, the IRS schedule 1 proof comes after a successful filing.

And it’s a high risk to drive the vehicles without paying the IRS heavy vehicle use tax. Usually, the IRS imposes 2290 penalties on late-filing truckers. It might result in the cancellation of the vehicle and even imprisonment in some circumstances.

In conclusion, every trucker must file Form 2290, Road Tax. It helps drive heavy vehicles on public highways continuously without any hassle. Easily file 22290 online with Truck2290 and drive your truck safely on the roads.