IRS Form 2290 : Complete Guide for Truckers


IRS Form 2290 : Complete Guide for Truckers

What is IRS Form 2290? The IRS Form 2290 is a Heavy Vehicle Use Tax (HVUT) form for truckers who operate heavy vehicles on public highways with a gro

Rules Every New Investor Should Know Before Starting Equity Trading
Cedars Business Services is not a scam
How to Troubleshoot QuickBooks Error code 5502?

What is IRS Form 2290?

The IRS Form 2290 is a Heavy Vehicle Use Tax (HVUT) form for truckers who operate heavy vehicles on public highways with a gross weight of 55,000 pounds or more in the United States.

When should you file IRS Form 2290?

It is mandatory to file IRS 2290 forms for every heavy vehicle operating industry. As we know, the IRS 2290 form tax year begins on July 1 and ends on June 30 every year. The annual filing period is from July 1 to August 31 for the current year. Therefore, every trucker must file truck taxes in this filing period. If a trucker purchases a vehicle in the middle of the tax year, they have to file IRS 2290 form and pay heavy vehicle use tax on the last day of the following month.

For example, if you purchase a truck in the month of December and operate it on public roads in the same month, then you file your 2290 tax online on the last day of January.

What are the requirements for filing Form 2290?

When a heavy vehicle is registered in a trucker’s name, then they must file an IRS truck tax form. Truckers must have the following documents and credentials:

  • Name and address of the company
  • Employment Identification Number (EIN)
  • VIN (Vehicle Identification Number)
  • Vehicle Gross Weight Taxable
  • The total number of taxable and suspended vehicles

How do you pay Heavy Vehicle Use Tax?

There are different types of 2290 payment options available to pay Hvut.

  • Electronic Funds Withdrawal (EFW)
  • The Electronic Federal Tax Payment System (EFTPS)
  • Money Order/Check
  • Credit and debit cards

What are the exemptions for IRS Form 2290?

In general, the IRS allows truckers to claim exemptions in the following circumstances: Vehicles that are being exempted are considered suspended vehicles. These trucks are exempt from paying HVUT taxes, but they must file a 2290 Form.

To be exempt from the tax, heavy motor vehicles must be used and operated by

  • The Federal Government 
  • 2. The District of Columbia
  • 3. A state or national government
  • 4. The Red Cross of America
  • 5. Transportation for Non-Profit
  • 6. An Indian tribal government, but only if the vehicle is used to carry out a critical tribal government duty.

What is the best IRS E-file provider?

To file Heavy Vehicle use the tax Return tax form, there are a number of IRS e-file providers available. Truck2290 is a reliable and dedicated e-file provider for the safety of truckers, simply create an e-file account and start filing 2290 if you have any doubts our tax experts help you file 2290 forms with the IRS.