Form 2290 which is also known as Heavy Highway Vehicle Use Form is an excise tax. This tax is levied on heavy highway vehicles with a gross weight of 55,000 lbs. and more, and is used on public highways. Internal revenue system has framed certain rules for filing tax form 2290. Thus the form should be filed accordingly.
• Due dates for filing Form 2290 - Form 2290 must be filed for each month when a taxable vehicle is first used on public highways during the current period. The current period begins on July 1, 2023 and ends on June 30, 2024 of the following year. The Heavy Vehicle Use Tax (HVUT) Form 2290 must be filed by the last day of the month following the month of first use. The filing rules apply whether you are paying the tax or reporting suspension of the tax.
• Vehicles used or acquired after July – In case you acquire a vehicle and use it on the public highways in any month other than July, you are liable for the tax for the prorated tax period. You must file IRS Form 2290 and pay the tax by the last day of the month after the month you first use the vehicle.
• What if due date falls on Saturday, Sunday or legal holiday? - In case the due date for filing form 2290 falls on a Saturday, Sunday or legal holiday, it should be filed on the next business day.