Estimated Tax
$430.00
Understanding Form 2290 and Heavy Vehicle Use Tax for Concrete Mixers
If you operate a concrete mixer with a gross vehicle weight of 70,000 pounds, you're likely subject to the Heavy Vehicle Use Tax (HVUT) reported using IRS Form 2290. This tax is levied annually on vehicles operating on public highways with a taxable gross weight of 55,000 pounds or more. Understanding the nuances of Form 2290 and its implications for concrete mixers is crucial for compliance and avoiding penalties.
What is Taxable Gross Weight?
Taxable gross weight isn't just the weight of the vehicle itself. It includes the unloaded weight of the truck, trailer, and any attached equipment, plus the maximum load typically carried. For a concrete mixer, this includes the weight of the truck chassis, the mixing drum, and the maximum amount of concrete the drum is designed to carry. Since your concrete mixer weighs 70,000 pounds, it exceeds the 55,000-pound threshold and is therefore taxable.
Calculating Your 2290 Tax Liability
The IRS uses a stepped rate based on the taxable gross weight. For vehicles in the 70,000-pound weight class, the tax is calculated as a base amount plus an incremental amount per 1,000 pounds exceeding a certain threshold. The specific rates change periodically, so always refer to the latest IRS Form 2290 instructions or use a reputable 2290 tax calculator. As of now, the starting rate is $100, plus $22 for each 1,000 pounds over 55,000.
Example: Based on the current rate, a 70,000 lb concrete mixer will incur in about $430 in HVUT (100 + (15 x 22)).
Filing Deadlines and Requirements
The filing period for Form 2290 typically runs from July 1st to June 30th of the following year. You generally must file Form 2290 and pay the HVUT by August 31st for vehicles used on public highways during July. If you put a new taxable vehicle into service after July, you must file Form 2290 by the last day of the month following the month the vehicle was first used on public highways. For instance, if you started using your 70,000-pound concrete mixer on public highways in September, your filing deadline would be October 31st.
How to File Form 2290
You can file Form 2290 electronically or by mail. E-filing is highly recommended, as it is faster, more accurate, and provides immediate confirmation of receipt. You'll need your Employer Identification Number (EIN) to file. The IRS does not accept Social Security Numbers (SSNs) for Form 2290 filings. You'll also need the vehicle identification number (VIN) for your concrete mixer.
The following data will be helpful to e-file or file form 2290:
- Employer Identification Number (EIN)
- Vehicle Identification Number (VIN) for each truck
- Taxable Gross Weight of each vehicle
- Filing period (July 1 - June 30)
- Payment method (EFW, Credit Card, Check, or Money Order)
Common Mistakes to Avoid
- Using an SSN instead of an EIN: The IRS strictly requires an EIN for Form 2290 filings.
- Missing the Filing Deadline: Penalties for late filing and late payment can be substantial.
- Incorrectly Calculating Taxable Gross Weight: Ensure you're including all components that contribute to the weight.
- Filing for a Suspended Vehicle Incorrectly: If your vehicle qualifies for a suspension, you must still file Form 2290 but claim the suspension.
- Not keeping records for at least 3 years: The IRS could audit your taxes from previous years.
Record Keeping
Maintain detailed records related to your Form 2290 filings, including proof of payment, vehicle information, and weight calculations. The IRS recommends keeping these records for at least three years from the date of filing.
Expert Compliance Tips
- Accurately Determine Taxable Gross Weight: Don't underestimate the weight of the concrete mixer, including the maximum concrete load. Use certified scales if necessary.
- E-File Form 2290: E-filing is faster, more accurate, and provides instant confirmation, reducing the risk of errors and late filing penalties.
- Set Calendar Reminders: Mark the filing deadlines on your calendar to avoid missing them. Consider setting reminders a month or two in advance to gather all necessary documentation.
- Keep Detailed Records: Maintain records of all Form 2290 filings, payments, and supporting documentation for at least three years. This will be helpful in case of an audit.
- Consult a Tax Professional: If you're unsure about any aspect of Form 2290, seek guidance from a qualified tax professional specializing in trucking taxes. They can help you navigate the complexities and 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) |