It’s time for your 2290 tax form renewal, the heavy highway vehicle use tax is required to be paid annually to the IRS for every truck that drives on public highways and weighs over 55,000 lbs. Once you file your IRS Tax Form 2290, a Stamped Schedule 1 will be provided to you as your receipt for this heavy highway vehicle use tax. A printed copy is required to register your vehicles each year with the state authorities. A copy of the IRS stamped Schedule 1 for the current year available on your account so you can always have access to it.
Heavy Vehicle Use Tax Form 2290 – Due Now – August 31 is the Last Date
The 2290 Form is due annually between July 1 and August 31 for this current tax year starting from July 1, 2017 through June, 30 2018. Both the tax return and the heavy highway vehicle use tax must be paid by the deadline in order to avoid penalties and interest. This tax must also be paid anytime a new vehicle is added to your fleet for the remainder of that year. In this case the tax is due by the end of the month following the date the vehicle is first used on the public highways.