64,000 lb Truck Tax in Delaware

Understanding Form 2290 Heavy Vehicle Use Tax for Your 64,000 lb Truck in Delaware

If you operate a heavy truck weighing 55,000 pounds or more on public highways, you are likely responsible for filing Form 2290, the Heavy Vehicle Use Tax (HVUT) with the Internal Revenue Service (IRS). This guide specifically addresses the requirements for a 64,000 lb truck operating in the state of Delaware. Delaware does not have any unique state-level HVUT requirements beyond the federal regulations. The federal rules therefore govern the HVUT obligations for Delaware-based trucking operations.

HVUT and the 64,000 lb Weight Class

The 64,000 lb weight of your truck places it squarely within the HVUT taxable range. The IRS uses a graduated scale to determine the tax amount based on the vehicle's gross taxable weight. Trucks weighing 55,000 pounds or more are subject to the HVUT. The tax year runs from July 1st to June 30th, and Form 2290 must be filed and paid by August 31st for vehicles operated on the road in July.

How to Calculate Your Form 2290 Tax

For a truck weighing 64,000 lbs, the tax is calculated according to the IRS's rate table. The rate is based on the vehicle's taxable gross weight, not just the unladen weight. The IRS publishes the current rates, which generally involve a base amount plus an additional charge for each 1,000 pounds over a certain threshold. While the exact amount varies slightly from year to year, you should refer to the official IRS Form 2290 instructions and publications for the most up-to-date figures. As of the latest publications, the rate is approximately $550 plus an additional amount per thousand pounds exceeding 55,000. The current rate is approximately $550 for vehicles in the 55,000 to 75,000 pound category, plus an additional $27.50 per thousand pounds exceeding 55,000 lbs.

Filing Form 2290

Filing Form 2290 can be done either electronically (recommended) or by mail. The IRS strongly encourages e-filing, especially for those filing for 25 or more vehicles. E-filing is faster, more accurate, and provides instant confirmation of acceptance. You will need an Employer Identification Number (EIN) to file Form 2290; a Social Security Number (SSN) is not acceptable for business tax filings. If you do not have an EIN, you must apply for one with the IRS.

Key Information Needed for Filing:

• Your Employer Identification Number (EIN)
• Vehicle Identification Number (VIN) for each truck
• Gross Taxable Weight of each truck
• Date the vehicle was first used during the tax period

Payment Options

The IRS offers several payment options for Form 2290 taxes:

• Electronic Funds Withdrawal (EFW): You can debit your bank account when e-filing.
• Electronic Federal Tax Payment System (EFTPS): This is the preferred method for most businesses.
• Check or Money Order: Make payable to the U.S. Treasury and mail with Form 2290-V payment voucher.

Penalties for Non-Compliance

Failure to file Form 2290 and pay the HVUT on time can result in significant penalties. Penalties include interest charges, late filing penalties, and late payment penalties. Avoid penalties by filing and paying on time. If you are unsure about any aspect of Form 2290, consult with a qualified tax professional or refer to the IRS website for detailed information.

Form 2290 and Delaware Registration

While Form 2290 is a federal tax, proof of payment (Schedule 1) is often required for state vehicle registration in Delaware. Keep a copy of your stamped Schedule 1 for your records and for presenting to the Delaware Division of Motor Vehicles (DMV) when registering or renewing your truck registration.