62,000 lb Truck Tax in Delaware
Understanding Form 2290 Taxes for a 62,000 lb Truck in Delaware
As a trucking professional operating a heavy vehicle in Delaware, understanding your tax obligations is crucial for maintaining compliance and avoiding penalties. The Heavy Vehicle Use Tax (HVUT), reported on Form 2290, is a federal tax levied on vehicles operating on public highways with a taxable gross weight of 55,000 pounds or more. This guide specifically addresses the Form 2290 requirements for a truck weighing 62,000 pounds operating in the state of Delaware.
The IRS uses the taxable gross weight of your vehicle to determine the applicable HVUT rate. This weight isn't just the empty weight of your truck; it includes the weight of the trailer (if any), as well as the maximum load you are capable of carrying. A 62,000-pound truck falls squarely within the taxable weight category, requiring you to file Form 2290 annually.
HVUT Rate for a 62,000 lb Truck
For vehicles with a taxable gross weight between 55,000 and 75,000 pounds, the HVUT rate is calculated as follows: $100 plus $22 for each 1,000 pounds (or fraction thereof) over 55,000 pounds. Let's calculate the HVUT for your 62,000 lb truck:
- Determine the excess weight: 62,000 lbs - 55,000 lbs = 7,000 lbs
- Calculate the tax on the excess weight: 7,000 lbs / 1,000 lbs = 7. 7 * $22 = $154
- Add the base tax: $100 + $154 = $254
Therefore, the HVUT for a 62,000 lb truck is $254 per year. This amount is subject to change, so always verify the current rates with the IRS.
Filing Form 2290 in Delaware
While the HVUT is a federal tax, your truck's operation in Delaware necessitates proper filing. You must file Form 2290 and pay the HVUT by August 31st of each year for the period beginning July 1st and ending June 30th. If you put a taxable vehicle into service after July, you must file Form 2290 by the end of the month following the month the vehicle was first used on public highways. E-filing is mandatory for those filing 25 or more vehicles, but is strongly encouraged for everyone.
When filing, you'll need the following information:
- Your Employer Identification Number (EIN)
- Your Vehicle Identification Number (VIN) for each truck
- The taxable gross weight of each truck
- Payment of the HVUT
Credits and Suspensions
There are certain situations where you may be eligible for a credit or suspension of the HVUT. For example, if a vehicle is used for 5,000 miles or less (7,500 for agricultural vehicles) during the tax year, you may be eligible for a suspension. Vehicles destroyed, sold, or stolen may also qualify for a credit or refund. Consult the IRS instructions for Form 2290 for specific requirements and eligibility criteria.
Operating a 62,000 lb truck in Delaware requires careful attention to HVUT regulations. Ensure you accurately calculate your tax liability, file Form 2290 on time, and keep detailed records of your vehicle's operation to ensure compliance.
4 Simple Steps to File
Gather Vehicle Info
Have your VIN (Vehicle Identification Number) and Gross Taxable Weight ready. You can find the VIN on your registration or dashboard.
Choose Tax Period
Select the current tax year (July 1 - June 30). If filing late, our system automatically calculates prorated taxes for you.
E-File with IRS
Submit your return securely. We check for common errors before sending to the IRS to prevent rejections.
Get Schedule 1
Receive your IRS-stamped Schedule 1 proof of payment via email instantly once accepted. No waiting for mail.
HVUT Tax Rate Reference (2025-2026)
| Gross Weight | Annual Tax |
|---|---|
| 55,000 lbs | $100.00 |
| 56,000 lbs | $122.00 |
| 60,000 lbs | $210.00 |
| 70,000 lbs | $430.00 |
| 75,000 lbs | $550.00 (Max) |
| 80,000 lbs | $550.00 |
| Logging Vehicles | Reduced Rate (See Calculator) |