60,000 lb Truck Tax in Pennsylvania

Understanding Form 2290 for a 60,000 lb Truck in Pennsylvania

As a truck owner operating in Pennsylvania with a vehicle weighing 60,000 lbs, you are likely subject to the Heavy Vehicle Use Tax (HVUT) and required to file Form 2290 with the Internal Revenue Service (IRS). This guide provides a comprehensive overview of Form 2290 specifically for trucks in this weight class operating within Pennsylvania.

The HVUT is an annual tax levied on heavy vehicles operating on public highways in the United States. The tax year runs from July 1st to June 30th. If your truck's gross taxable weight is 55,000 pounds or more, you're required to file Form 2290. A 60,000 lb truck unequivocally falls within this category.

Calculating Your 2290 Tax Liability

The HVUT rate is determined by the vehicle's gross taxable weight. For a truck weighing 60,000 lbs, the tax calculation is as follows (based on the current IRS structure):

• Base tax amount for vehicles 55,000 lbs - 75,000 lbs: $100
• Additional tax for each 1,000 lbs (or fraction thereof) over 55,000 lbs: $22.00

Therefore, for a 60,000 lb truck, the calculation is:

$100 + ($22.00 * 5) = $100 + $110 = $210

Thus, the HVUT due for a 60,000 lb truck in Pennsylvania is $210 annually.

Filing Requirements and Deadlines

Form 2290 must be filed annually, and the filing deadline is typically August 31st for the tax year beginning July 1st. If you place a new taxable vehicle into service after July, you must file Form 2290 by the last day of the month following the month the vehicle was first used on public highways.

You can file Form 2290 either electronically (e-file) or by mail. E-filing is generally recommended as it is faster, more accurate, and provides immediate confirmation of receipt by the IRS. If filing by mail, use the appropriate IRS address based on your location.

Required Information for Filing

To complete Form 2290, you will need the following information:

• Your Employer Identification Number (EIN). A Social Security Number (SSN) cannot be used for Form 2290 filings related to trucking businesses.
• Vehicle Identification Number (VIN) for each vehicle.
• Gross taxable weight of each vehicle.
• Taxable period (July 1st to June 30th).
• Payment information (if paying via Electronic Funds Withdrawal).

Paying Your HVUT

You can pay your HVUT in several ways:

• Electronic Funds Withdrawal (EFW): This is done during the e-filing process.
• Electronic Federal Tax Payment System (EFTPS): You must enroll in EFTPS separately.
• Check or Money Order: Make payable to the U.S. Treasury and mail with Form 2290-V payment voucher.

Pennsylvania Specific Considerations

While Form 2290 is a federal tax, it's important to understand how it relates to your operations in Pennsylvania. Pennsylvania does not directly collect HVUT, but proof of payment (Schedule 1) is often required for vehicle registration and certain permits within the state. Ensure you retain a copy of your stamped Schedule 1 as proof of payment.