For their business to perform effectively, truck owners and operators need to comply with the guidelines that the IRS has put in place. Form 2290, also known as the Heavy Vehicle Use Tax (HVUT) form, is one of the most crucial forms to file every year. Unlike other forms, late submission of the form can accrued fees and disorganization within your company. This guide outlines all that truckers should know regarding the deadline of the form 2290 in 2025, tips on submission of the form, and methods of averting late submission.
Every taxpayer in the US uses Form 2290 to file and pay a federal Highway Vehicle Use Tax (HVUT) on vehicles weighing 55,000 pounds or more. This form is central to the payment of tax, which is used to construct and maintain public highways, allowing heavy vehicles to access the roads.
Some features of Form 2290 include:
Form 2290 is due on August 31, 2025, for vehicles operating on public roads for the period starting July 1, 2025, to June 30, 2026.
The deadline falls on the last day in the month following the month of the first service for vehicles put in use after July. For instance, if your vehicle starts functioning in January of 2025, the due date is February 28, 2025.
Filing Form 2290 before the deadline is of the essence so that your operations are not disrupted. If you don’t, here is what the repercussions might look like:
With the help of technologically advanced tools, filing Form 2290 has never been easier. The following steps should be taken when filing:
You can pay by:
You will receive a stamped Schedule 1 after filing and payment is confirmed so that you can keep it as proof.
Q: Is it possible for me to complete Form 2290 after it’s due?
It is possible, but you would be penalized with an added interest charge for being late.
It’s more prudent to file as painfully early as possible so that incurring additional costs is minimized.
Q: In a scenario where my vehicle is unused, what do I do?
If a vehicle is either sold, destroyed, or if its use is less than 5000 miles (7500 miles in the case of an agricultural vehicle), then a credit or suspension must be filed for.
Q: Is post-schedule one an annual requirement?
I am afraid so. Each year updated Schedule one will have to be submitted to the DMV as a requirement for vehicle registration.
A deadline which needs adherence is February 15, 2025, and it is critical for truck owners for reasons pertaining to Form 2290. Adherence to IRS filing deadlines is now synonymous with having uninterrupted operations for the fleet. Thankfully, with the advent of online filing, submitting Form 2290 is easier and faster than it ever was.
Note: For more information, visit IRS website