Use of IRS Tax Form 2290 Print
Based on the circumstances of the heavy vehicle that you own, you have to do what’s
right for your vehicle while filing form 2290. Here are the uses of the form that’s
closely related to trucker’s tax.
Heavy vehicle Use Tax liability
If you own a heavy vehicle weighing 55, 000 pounds or more in your name during any
tax period and have first used it on public highway in the month of July of the
present year, you have to file form 2290 & pay the tax due amounts to the IRS
before the end of August of that year.
Report Suspended vehicles exceeding limits
On form 2290, you can 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 tax period.
Report Vehicle falling into new weight category
If, during the tax period, the taxable gross weight of your vehicle increases and
the vehicle falls into a new category, you need to figure out the new tax amount
and pay the dues after filing form 2290.
Claim suspension from tax
On form 2290, you have to report suspension from tax to the IRS if you have a taxable
heavy vehicle but you will be using it during the period 5,000 miles or less (7,500
miles or less for agricultural vehicles).
Form 2290 can be used to claim credits for tax paid on vehicles that were destroyed,
stolen, sold, or used 5,000 miles or less (7,500 miles or less for agricultural
Acquisition of used taxable vehicle
If you buy a used vehicle, report acquisition of a used taxable vehicle for which
the tax has been suspended. If not, figure and pay the tax due on a used taxable
vehicle acquired and used during the period.
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