68,000 lb Truck Tax in Rhode Island
Understanding Form 2290 for Your 68,000 lb Truck in Rhode Island
As a truck owner operating a vehicle with a gross taxable weight of 68,000 pounds in Rhode Island, you are subject to the Heavy Vehicle Use Tax (HVUT) and must file Form 2290 with the Internal Revenue Service (IRS). This comprehensive guide will break down everything you need to know about Form 2290, specifically tailored for your situation.
What is Form 2290 and the HVUT?
Form 2290 is used to report and pay the HVUT, a federal excise tax on heavy highway vehicles operating on public roads in the United States. The tax is assessed annually and is based on the vehicle's gross taxable weight, which includes the unloaded weight of the truck, the unloaded weight of any trailers customarily used with the truck, and the maximum load carried on the truck and trailers. Because your truck weighs 68,000 lbs, it falls squarely within the category requiring HVUT payment.
Calculating Your HVUT Liability
The HVUT rate is tiered based on the gross taxable weight of the vehicle. For vehicles weighing 55,000 pounds or more, the tax rate is $100 per year, plus $22 for each 1,000 pounds (or fraction thereof) over 55,000 pounds. Let's calculate the HVUT for your 68,000-pound truck:
- Weight exceeding 55,000 lbs: 68,000 lbs - 55,000 lbs = 13,000 lbs
- Number of 1,000 lb increments: 13,000 lbs / 1,000 lbs = 13
- Tax on excess weight: 13 * $22 = $286
- Total HVUT due: $100 + $286 = $386
Therefore, the annual HVUT for your 68,000-pound truck in Rhode Island is $386.
Filing Form 2290: Deadlines and Methods
The filing period for Form 2290 begins on July 1st and ends on August 31st of each year. If you start operating your truck after July 1st, you must file Form 2290 by the last day of the month following the month the vehicle was first used on public highways. For example, if you start operating the truck in September, you must file by October 31st.
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 is faster, more accurate, and provides immediate proof of filing. 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 designated IRS address. However, processing times are significantly longer for paper filings.
Required Information for Form 2290
To complete Form 2290, you will need the following information:
- Your Employer Identification Number (EIN). Note: A Social Security Number (SSN) is NOT acceptable for filing Form 2290. You must obtain an EIN from the IRS.
- Your Vehicle Identification Number (VIN) for each truck.
- The gross taxable weight of each truck.
- Your business name and address.
Keeping Records
It's crucial to maintain accurate records related to your Form 2290 filing, including a copy of the filed form, proof of payment, and supporting documentation used to determine the gross taxable weight of your truck. The IRS may request these records in case of an audit.
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) |