Form 2290 Heavy Highway Vehicle Use Tax Online Reporting
IRS Tax Form 2290 , the heavy vehicle use tax reporting form. Form 2290 is also called a federal heavy highway vehicle use tax return or HVUT in short. Any highway motor vehicle, registered or required to be registered in your name, with a taxable gross weight of 55,000 pounds or more, is subject to the HVUT . The tax period begins on July 1 and ends on June 30, each year. For newly purchased vehicles, these taxes are due by the last day of the month following the month the vehicle was put on the road for operation. IRS Tax Form 2290 and its purpose: While reporting 2290 with the IRS, you can have the following action items · Use Form 2290 to report and pay 2290 dues on any highway motor vehicles used during the period with a taxable gross weight of 55,000 pounds or more. · Use Form 2290 also to claim suspension or exemption from the tax when a vehicle is expected to be used 5,000 miles or less (7,500 miles or less for agricultural vehicle