Estimated Tax
$518.00
The Heavy Vehicle Use Tax (HVUT), reported on IRS Form 2290, applies to heavy highway vehicles operating on public roadways with a taxable gross weight of 55,000 pounds or more. Since your dump truck weighs 74,000 lbs, it is subject to HVUT.
This page will guide you through calculating your Form 2290 tax liability for your 74,000 lb dump truck and provide helpful tips for filing.
Understanding Taxable Gross Weight: Taxable gross weight isn't just the empty weight of your truck. It includes:
- The unloaded weight of the vehicle
- The unloaded weight of any trailers or semi-trailers customarily used in combination with the vehicle.
- The weight of the maximum load customarily carried on the vehicle and any trailers or semi-trailers.
For your dump truck, this means the weight of the truck itself plus the maximum weight of the materials (gravel, dirt, etc.) you typically haul.
Expert Compliance Tips
- Accurate Weight Determination: Ensure you accurately determine the taxable gross weight. Underreporting can lead to penalties. Consider weighing your loaded truck at a certified scale if you're unsure.
- Filing Deadline: The filing deadline for Form 2290 is generally August 31st, covering the period from July 1st to June 30th. If you put your truck into service after July, you must file Form 2290 by the end of the month following the month the truck was first used on public highways.
- Payment Options: You can pay your HVUT electronically through the Electronic Federal Tax Payment System (EFTPS), by check, money order, or credit/debit card. EFTPS is the most common and recommended method.
- Schedule 1 Importance: Schedule 1 is a crucial part of Form 2290. It lists all your vehicles and their Vehicle Identification Numbers (VINs). Keep a copy of Schedule 1 as proof of payment. You'll need it for registration and other purposes.
- Exemptions & Suspensions: While your 74,000 lb dump truck is generally taxable, there are some limited exemptions and suspensions. For example, vehicles used exclusively for logging on private roads might be exempt. Review IRS Publication 510 for detailed information on exemptions. Mileage suspensions may apply if the vehicle is expected to be driven less than 5,000 miles during the tax year (7,500 for agricultural vehicles). However, if you exceed these mileage limits, the tax becomes due.
- Record Keeping: Keep detailed records of your mileage, vehicle weight, and payment confirmations for at least three years.
- Form 2290 Amendments: If you make a mistake on your filed Form 2290 (e.g., incorrect VIN or weight), you'll need to file an amended return.
- Consult a Professional: If you have complex situations or are unsure about any aspect of Form 2290, consult with a qualified tax professional.
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) |