Form 2290 Heavy Vehicle Highway Use Tax Return


If you have a vehicle with a GVW of 55,000 lbs or more that will be used on public roads and/or is otherwise required to be licensed, then you must annually file Form 2290 Heavy Vehicle Highway Use Tax with the IRS. If your vehicle will travel less than 5,000 miles for commercial purposes or less than 7,500 miles for agricultural purposes, you are exempt from the tax but still must file Form 2290 each year. Federal regulations require all states to verify payment of, or exemption from, the tax before issuing or renewing vehicle registrations. Before a vehicle is registered, the owner must provide proof this tax has been paid. This is done at the time of licensing at the county or in MCS when registering under the IRP. The reporting period is July 1—June 30 and returns are due annually by August 31.

Filing is now open for the July 1, 2019 - June 30, 2020 period and Gardner & Billing CPAs are here to help! We can prepare your return for either paper or electronic filing.

Popular posts from this blog

2019 Extended Tax Return Filing Deadline