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68,000 lb Truck Tax in Illinois

As a trucking tax consultant, I understand that navigating the Form 2290 Heavy Vehicle Use Tax (HVUT) can be confusing, especially when state-specific details come into play. This guide focuses on Form 2290 requirements for a 68,000 lb truck operating in Illinois. Understanding these requirements is crucial for staying compliant with IRS regulations and avoiding penalties.

The Heavy Vehicle Use Tax (HVUT), reported on Form 2290, is an annual tax assessed on heavy highway vehicles operating on public roadways with a gross taxable weight of 55,000 pounds or more. The tax year runs from July 1st to June 30th. Because your truck has a gross taxable weight of 68,000 lbs, it *is* subject to HVUT.

This guide will walk you through the key aspects of Form 2290 as it applies to your 68,000 lb truck in Illinois, including tax rate calculation and filing deadlines.

4 Simple Steps to File

1

Gather Vehicle Info

Have your VIN (Vehicle Identification Number) and Gross Taxable Weight ready. You can find the VIN on your registration or dashboard.

2

Choose Tax Period

Select the current tax year (July 1 - June 30). If filing late, our system automatically calculates prorated taxes for you.

3

E-File with IRS

Submit your return securely. We check for common errors before sending to the IRS to prevent rejections.

4

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 WeightAnnual 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 VehiclesReduced Rate (See Calculator)

Common Questions About Form 2290

What is a Stamped Schedule 1?
It is the official proof of payment for the Heavy Vehicle Use Tax (HVUT). You need this document to register your vehicle with the DMV.
When is Form 2290 due?
For the annual tax period (July 1 - June 30), it is due by August 31st. For newly purchased vehicles, it is due by the end of the month following the month of first use.
Can I pay by credit card?
Yes, you can pay the IRS directly using a credit card, debit card, or EFTPS. Bank account withdrawal is also an option.
What if I suspended my vehicle?
If you expect to drive less than 5,000 miles (7,500 for agriculture), you can file as 'Suspended' and pay $0 tax. However, you must still file Form 2290.