Step by Step IRS Form 2290 Instructions

1. Figure and pay the tax due on highway motor vehicles used during the period with a taxable gross weight of 55,000 pounds or more;
2. Figure and pay the tax due on a vehicle for which you completed the suspension statement on another Form 2290 if that vehicle later exceeded the mileage use limit during the period;
3. Figure and pay the tax due if, during the period, the taxable gross weight of a vehicle increases and the vehicle falls into a new category;
4. Claim suspension from the tax when a vehicle is expected to be used 5,000 miles or less (7,500 miles or less for agricultural vehicles) during the period;
5. Claim a credit for tax paid on vehicles that were destroyed, stolen, sold, or used 5,000 miles or less (7,500 miles or less for agricultural vehicles);
6. Report acquisition of a used taxable vehicle for which the tax has been suspended;
7. Figure and pay the tax due on a used taxable vehicle acquired and used during the period.

For more information regarding Form 2290 instructions please visit the IRS website.

• Pay tax for heavy vehicles with a taxable gross weight of 55,000 pounds or more, which will be used during the tax period
• Claim credit for tax paid on any taxable vehicle which is sold, stolen, destroyed, or used 5,000 miles or less (7,500 miles, if agricultural vehicles)
• Carry out corrections on VIN in Schedule 1 that was reported incorrectly
• Report 2290 amendments such as the increase in taxable gross weight and excessive taxable vehicle mileage limit
• Report the acquisition of a used taxable vehicle for which the tax has been suspended
• Figure and pay the tax due on a used vehicle acquired and used during the tax period
• Figure and pay the tax if the taxable gross weight increases or if the vehicle falls into a new category

You need to file your IRS Form 2290 and pay the tax annually, with the tax period beginning on July 1st of every year and till the end of June 30th of the next year. You can get detailed information about your due date by viewing our form schedule.

Anyone who owns a heavy vehicle in the United Nations of America is supposed to file form 2290 before the due date. You should file your 2290 form online if you fulfill the below criteria:

• If you own a truck with a gross weight of 55,000 pounds or more.This is the most important criteria in deciding if you need to file your form 2290 tax. The weight should be measured from an approved weighing company. You will have to provide the correct value while entering the gross weight while filing your form 2290.
• If you’re an LLC (Limited Liable Company), you must pay the truck tax.There is no exemption from filing your truck tax even if you are an LLC. You can have multiple trucks registered under your business. In such cases, you can also choose to file your truck tax together for all your trucks.
• If the vehicle is used for 5000 miles (7500 miles for agricultural vehicles) or above.You need to be precise when checking this detail. Ensure that your odometer was not reset before you check for this. Alternatively, you can check the length of your consignments to get an idea of how many miles you have used your truck.

• Qualified QSub (treated as a subsidiary of the parent corporation)
• Eligible single-owner disregarded entity (a business that remains independent from its owner for tax filing purposes)
• Taxable vehicle with dual registration
• Vehicle operated under a dealer's tag, license, or permit
• Logging vehicles exclusively intended for the transportation of products harvested from forested sites, such as timber
• A vehicle that is owned and operated by the Federal Government.
• A vehicle that is owned and operated by the District of Columbia
• Vehicles owned by the local governing authority or the State.
• Fire trucks, ambulances, rescue vehicles and vehicles used for other emergencies services
• Vehicles used for the welfare of Indian Tribal Community
• Vehicles specifically designed for non-transport purposes
• Vehicles that do not use highway for transportation