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68,000 lb Truck Tax in Maine

Understanding Form 2290 Tax for a 68,000 lb Truck in Maine

As a trucking professional operating a heavy vehicle with a gross taxable weight of 68,000 pounds in Maine, understanding your obligations under Form 2290 is crucial. This form is used to report and pay the Heavy Vehicle Use Tax (HVUT), a federal excise tax levied annually on heavy highway vehicles operating on public roads with a taxable gross weight of 55,000 pounds or more. This guide provides a comprehensive overview of Form 2290 requirements specifically for your 68,000 lb truck in Maine.

What is Taxable Gross Weight?

The taxable gross weight isn't just the truck's empty weight. It includes the unloaded weight of the vehicle, the unloaded weight of any trailers customarily used in combination with the vehicle, and the weight of the maximum load carried by the vehicle and any trailers.

Form 2290 Filing Requirements

Generally, Form 2290 must be filed annually for each heavy vehicle you operate. The filing period runs from July 1st to June 30th. The deadline for filing Form 2290 and paying the HVUT is typically August 31st. Since you're operating a 68,000 lb truck, you are definitively required to file.

How the HVUT is Calculated for a 68,000 lb Truck

The HVUT is calculated based on the taxable gross weight of the vehicle. As of the current IRS guidelines, the tax rate for vehicles weighing 55,000 pounds or more is $100 per year, plus an additional $22 for each 1,000 pounds (or fraction thereof) over 55,000 pounds. Therefore, for your 68,000 lb truck, the calculation is as follows:

  • Base Tax: $100
  • Weight Exceeding 55,000 lbs: 68,000 - 55,000 = 13,000 lbs
  • Tax on Excess Weight: 13,000 / 1,000 = 13 (increments) * $22 = $286
  • Total HVUT: $100 + $286 = $386

Therefore, the HVUT due for your 68,000 lb truck in Maine is $386 per year.

Filing Methods

You have two options for filing Form 2290:

  • Electronic Filing (E-file): The IRS encourages electronic filing, especially for those filing for 25 or more vehicles. E-filing offers several advantages, including faster processing, immediate confirmation, and reduced errors. You'll need to use an IRS-approved e-file provider.
  • Paper Filing: You can download Form 2290 from the IRS website and mail it to the address listed in the instructions. Keep in mind that paper filing generally takes longer to process.

Required Information for Filing

When filing Form 2290, you'll need the following information:

  • Employer Identification Number (EIN): You must have an EIN to file Form 2290. Social Security Numbers (SSNs) are not permitted.
  • Vehicle Identification Number (VIN) for each vehicle
  • Taxable Gross Weight of each vehicle
  • Your business name and address

What Happens After Filing?

After filing Form 2290 and paying the HVUT, you'll receive a stamped Schedule 1. This is your proof of payment and must be carried in the truck. For e-filed returns, you'll receive an electronic version of Schedule 1. For paper-filed returns, you'll receive a physical copy by mail. Keep this document safe, as it may be required for vehicle registration and other purposes in Maine.

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.