A Short Guide on Filing for Heavy Vehicle Use Tax

May 16, 2012 by  Filed under: Taxes 

Heavy Vehicle Use Tax applies to all motor vehicles weighing 55,000 pounds or more. Also known as the Internal Revenue Service (IRS) 2290 tax, this covers trucks, truck tractors, and other big vehicles using public highways. You should check out the following information if you are an owner or manager of a commercial truck or perhaps a fleet of vehicles under the same category.

What is it for?

This heavy highway vehicle use tax is meant to pay for the wear and tear these huge vehicles cause on public roadways. Due to their weight, continuous operation can lead to damages, which affect traffic and other business operations in a particular city or town. Owners and operators of these vehicles are obligated to pay this tax so authorities will have the necessary funds for road maintenance and repair. The tax also helps them in other projects such as road widening and decongestion.

Are there exceptions?

Certain vehicles are exempted from this tax. This includes the heavy vehicles of the federal, state, or local government, the American National Red Cross, and the District of Columbia. Non-government entities such as non-profit ambulance associations, volunteer fire departments, and rescue squads. Blood collector organizations with proper certification from authorities are also exempt from paying the heavy vehicle use tax.

Another exemption is vehicles used by the Indian tribal government during major tribal functions. There is also special consideration for the operation of mass transportation authority created under certain statutes.

How to File for Form 2290

There are two ways to file the Heavy Vehicle Use Tax (HVUT) form. One is through traditional paper filing. If you go for this option, you have to call your local Taxpayer’s Assistance Center (TAC) and request for the document. You must set an appointment with them so you can start processing the tax form. The process may take some time; you have to fill out several forms and submit the necessary documents.

The other method is through electronic filing or e-filing. You can do this by using the document provided on the IRS website. If you want an easier IRS 2290 filing, you may hire a third party service provider to do the job for you. This will make the process faster and easier especially if you are filing for a number of vehicles.

Either way, you must prepare the necessary information. Some of the basic information you need to fill out include the business name and information, total number of vehicles to be filed for, and their respective Vehicle Identification Number (VIN). The gross weight is another thing you must look into. Keep in mind that every state has different requirements in checking the gross taxable weight of vehicles. Most states though require you to indicate the specific gross weights, gross weight category, and the actual loaded weights.

Start searching for several companies that can assist you in filing for heavy highway vehicle use tax. Make sure to choose a reliable and experienced team to get the job done properly. Check online to see your choices. Remember to make a price comparison of the service fees to the get the best deal.

Pernille Holm is a business owner who recently filed for heavy vehicle use tax or heavy highway vehicle use tax.

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