Concrete Mixer Tax in Florida

Understanding Florida Tax Requirements for Concrete Mixer Trucks

Operating a concrete mixer truck in Florida comes with specific tax obligations. This guide provides a detailed overview of the relevant requirements to ensure compliance and avoid potential penalties.

Federal Heavy Vehicle Use Tax (HVUT)

The most significant tax consideration for concrete mixer trucks is the Federal Heavy Vehicle Use Tax (HVUT), as governed by IRS Section 4481. This tax applies to vehicles with a gross vehicle weight (GVW) of 55,000 pounds or more. Concrete mixers almost always exceed this weight. You are responsible for filing Form 2290 and paying the HVUT annually. Who is responsible? The person in whose name the vehicle is registered is responsible for paying the HVUT. This means the individual or company listed on the vehicle's title bears the tax liability. Leased vehicles have slightly different requirements; the lessor is generally responsible. When is the Filing Deadline? The HVUT filing deadline is typically August 31st for vehicles used in July. The tax year runs from July 1st to June 30th. If you put a truck 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 started using a truck on public roads on September 15th, you would need to file by October 31st. How Much is the HVUT? The HVUT rate depends on the vehicle's taxable gross weight. As of 2024, the rate is $100 per year for vehicles weighing between 55,000 and 75,000 pounds, plus an additional $22 for each 1,000 pounds (or fraction thereof) over 55,000 pounds. For vehicles weighing 75,001 pounds or more, the maximum tax is capped. Consult the IRS Form 2290 instructions for current rates and specific calculation examples. Concrete mixers are usually at the higher end of the weight range.

Florida State Taxes

While the HVUT is a federal tax, Florida also imposes its own taxes and fees that impact concrete mixer truck operators.

• Vehicle Registration Fees: You must register your concrete mixer truck with the Florida Department of Highway Safety and Motor Vehicles (FLHSMV). Registration fees vary based on the vehicle's weight and type. These fees are typically annual.
• Sales Tax: You will pay Florida sales tax when purchasing a concrete mixer truck or related equipment. The standard sales tax rate is 6%, but county surtaxes may apply.
• Fuel Taxes: Concrete mixer trucks are subject to Florida's fuel taxes, which are levied on gasoline and diesel fuel. The rates fluctuate and are subject to change. Proper record-keeping is crucial for fuel tax purposes, especially if you are claiming any exemptions or credits. Consider using telematics to track fuel consumption.
• Corporate Income Tax (if applicable): If your concrete mixer truck operation is structured as a corporation, you will be subject to Florida's corporate income tax, which is currently 5.527% of taxable income.

Record Keeping

Meticulous record-keeping is vital for demonstrating compliance with both federal and state tax requirements. Keep accurate records of:

• Vehicle registration documents
• HVUT filings (Form 2290) and proof of payment
• Fuel purchases and consumption
• Mileage logs
• Maintenance and repair expenses
• Sales tax payments

These records should be retained for at least three years, or longer if you are under audit or investigation. Proper documentation can significantly reduce your tax burden and protect you from penalties.