74,000 lb Truck Tax in Indiana
Understanding Form 2290 for Heavy Trucks in Indiana
As an expert trucking tax consultant, I understand the complexities surrounding Form 2290, the Heavy Vehicle Use Tax (HVUT) reported to the IRS. This guide specifically addresses the Form 2290 requirements for a 74,000 lb truck operating in Indiana. The HVUT is an annual tax levied on heavy highway vehicles operating on public roadways with a taxable gross weight of 55,000 pounds or more. Paying this tax is crucial for legal operation and avoiding penalties.
Calculating Your HVUT for a 74,000 lb Truck
The IRS determines the HVUT based on the taxable gross weight of the vehicle. For a truck weighing 74,000 lbs, you fall into a specific weight category that dictates your tax liability. Currently, the tax is calculated as follows:
- For vehicles with a taxable gross weight of 55,000 pounds, the tax is $100.00.
- For each 1,000 pounds (or fraction thereof) over 55,000 pounds, an additional $22.00 is added.
Let's calculate the HVUT for your 74,000 lb truck:
- Determine the excess weight: 74,000 lbs - 55,000 lbs = 19,000 lbs
- Calculate the number of 1,000 lb increments: 19,000 lbs / 1,000 lbs = 19
- Calculate the additional tax: 19 increments * $22.00/increment = $418.00
- Calculate the total HVUT: $100.00 (base) + $418.00 (additional) = $518.00
Therefore, the Form 2290 tax due for your 74,000 lb truck operating in Indiana is $518.00 for a full tax year (July 1st to June 30th).
Filing Form 2290: Key Considerations
Form 2290 must be filed annually. The filing deadline is typically August 31st for the tax year beginning July 1st. If you place 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 example, if you start using the truck in Indiana on September 15th, you must file Form 2290 by October 31st.
E-filing is mandatory for anyone filing 25 or more Form 2290s. However, even if you are filing for fewer than 25 vehicles, e-filing is strongly recommended for faster processing and confirmation of receipt. You can e-file through an IRS-approved e-file provider.
You'll need the following information to file Form 2290:
- Your Employer Identification Number (EIN). Note: A Social Security Number (SSN) cannot be used.
- Your Vehicle Identification Number (VIN) for each truck.
- The taxable gross weight of each truck.
- The date the vehicle was first used in the tax year.
Proof of Payment: Schedule 1
Upon successful filing and payment of Form 2290, you will receive Schedule 1, which serves as proof of payment. This document is essential for registering your vehicle in Indiana and for operating legally. Keep a copy of Schedule 1 in your vehicle for verification purposes.
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) |