Question 1

What is Form 2290?

Accepted Answer

Form 2290 is the Heavy Highway Vehicle Use Tax Return required by the IRS for vehicles with a taxable gross weight of 55,000 pounds or more that operate on public highways. This federal excise tax helps fund highway construction and maintenance.

Question 2

Who needs to file Form 2290?

Accepted Answer

Any person or business that owns and operates a heavy highway motor vehicle with a taxable gross weight of 55,000 pounds or more must file Form 2290. This includes trucking companies, owner-operators, and fleet managers.

Question 3

When is Form 2290 due?

Accepted Answer

Form 2290 is due annually by August 31st for vehicles used during July. For vehicles first used after July, the form is due by the last day of the month following the month of first use.

Question 4

What is Schedule 1?

Accepted Answer

Schedule 1 is the IRS-stamped proof of payment that shows you have paid the Heavy Vehicle Use Tax. You need this document to register your vehicle with state DMV offices and for other compliance purposes.

Question 5

How much is the HVUT tax?

Accepted Answer

The HVUT ranges from $100 to $550 per vehicle annually, depending on the taxable gross weight. Vehicles 55,000-75,000 lbs pay $100 plus $22 per 1,000 lbs over 55,000. Vehicles over 75,000 lbs pay the maximum of $550.

Question 6

Can I file Form 2290 online?

Accepted Answer

Yes! The IRS encourages e-filing Form 2290. With 2290Forms.com, you can file online in minutes and receive your stamped Schedule 1 instantly via email. E-filing is required if you're filing for 25 or more vehicles.

Question 7

What is the penalty for filing Form 2290 late?

Accepted Answer

Late filing penalties can be significant. The penalty is typically 4.5% of the unpaid tax for each month or part of a month the return is late, up to 25%. Interest also accrues on unpaid tax from the due date.

Question 8

How quickly will I receive my Schedule 1?

Accepted Answer

When you e-file with 2290Forms.com, you typically receive your IRS-stamped Schedule 1 within minutes of submission. We'll email it directly to you for immediate use.

Frequently Asked Questions

Form 2290 Basics

Filing Deadlines & Requirements

Tax Calculations & Payments

Special Situations

Ready to File Your Form 2290?

Frequently Asked Questions

Form 2290 Basics

What is IRS Form 2290?

Who needs to file Form 2290?

What vehicles are subject to HVUT?

What is Schedule 1 and why do I need it?

Filing Deadlines & Requirements

When is Form 2290 due?

Can I file Form 2290 online?

What information do I need to file Form 2290?

Do I need an EIN to file Form 2290?

Tax Calculations & Payments

How much is the HVUT tax?

How is the Form 2290 tax calculated?

What payment methods are accepted for Form 2290?

What is the penalty for filing Form 2290 late?

Special Situations

What if my vehicle is used less than 5,000 miles?

How do I file for a sold or destroyed vehicle?

Can I get a refund on Form 2290?

Do I need to file Form 2290 for a leased vehicle?

Ready to File Your Form 2290?