Trucking highway use tax deadline approaches
August 10, 2017
• IRS suggests filing online
• For most, deadline is August 31
The Internal Revenue Service is reminding truckers and other owners of heavy highway vehicles that, in most cases, their next federal highway use tax return is due Thursday, August 31.
The deadline generally applies to Form 2290 and the accompanying tax payment for the tax year that begins July 1, 2017, and ends June 30, 2018.
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.
Though some taxpayers have the option of filing Form 2290 on paper, the IRS encourages all taxpayers to take advantage of what it calls “the speed and convenience” of filing the form electronically and paying any tax due electronically.
And for taxpayers reporting 25 or more taxed vehicles, electronic filing is mandatory. Tax-suspended vehicles don’t count toward the 25-or-more taxed vehicle threshold.
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 weight, and a variety of special rules apply, explained in the instructions to Form 2290.
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.
Generally, e-filers receive their IRS-stamped Schedule 1 electronically minutes after filing. They can then print the Schedule 1 and provide it to their state department of motor vehicles, without visiting an IRS office.
For those who choose to visit, note that the agency’s taxpayer assistance centers now operate on a “by-appointment” basis.