IRS Reminds Truckers: For Most, Highway Use Tax Return Is Due Aug. 31; E-file Is a Convenient Filing Option

The Internal Revenue Service today reminded truckers and quotes that other owners of heavy highway vehicles that, in most cases, their next federal highway use tax return is due Thursday, Aug. 31, 2018. The deadline generally applies to Form 2290 and the accompanying tax payment for the tax year that begins July 1, 2018, and ends June 30, 2019. Returns must be filed and tax payments made by August. 31 for vehicles used on the road during July. For vehicles first used after July, the deadline is the last day of the month following the month of first use. The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more. This generally includes trucks, truck tractors and buses. Ordinarily, vans, pickups and panel trucks are not taxable because they fall below the 55,000-pound threshold. The tax of up to $550 per vehicle is based on gross weight of the motor vehicle.

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You must file Form 2290 and Schedule 1 for the tax period beginning on July 1, and ending on June 30, if a taxable highway motor vehicle needs to registered or renewed under your name with the state authorities. Every truck operator may be an individual, or a limited liability company (LLC), or a corporation, partnership firm, or any other type of organization (including nonprofit, charitable, educational, etc.) need to report 2290 Truck Tax Forms irrespective of reporting taxable or suspended vehicles.

Though some taxpayers have the option of filing Form 2290 on paper, the IRS encourages all taxpayers to take advantage of the speed and convenience of filing this form electronically and paying any tax due electronically. Taxpayers reporting 25 or more taxed vehicles must e-file. Tax-suspended vehicles don’t count toward the 25-or-more taxed vehicle threshold.

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Truckers do not need to visit an IRS office to e-file Form 2290 . The form can be filed online and any required tax payment can also be made online. No need to look out for a approved provider for Form 2290 on the 2290 e-file partner’s page when we’re already reaching you, we work closely with #truckers and encourage them to file 2290 returns online, outlining the convenience of efiling, benefits, affordability, support and help from our Tax Experts.

Tax 2290 and Tax Excise

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