Form 2290 Due Date For 2024-25 Tax Year
Don’t miss the 2290 filing deadline! File your HVUT within the IRS form 2290 due date to avoid penalties.
Wondering when is your 2290 due? Mark the form 2290 due date for 2024-2025 on your calendar.
E-file Form 2290 with Truck2290, the leading provider, for quick processing and instant IRS Schedule 1 proof.
Ensure a hassle-free tax preparation and filing process with Truck2290 for Form 2290. Act now and meet the Form 2290 due date!
When is Form 2290 Due date?
According to IRS regulations, the truck tax year is from July 1st, 2024 to the next year on June 30th, 2024. The IRS typically receives 2290 tax payments during the time of filing season. The annual tax IRS 2290 payment period is from July 1st to August 31st. These two months are essential for truckers to pay heavy vehicle use tax (HVUT). Every trucker must file 2290 tax returns by “August 31st” to use their heavy vehicles on public highways in the United States.
If you purchase and register a new vehicle weighing 55,000 pounds or more in the middle of the reporting period, then file the 2290 tax form by the end of the following first used month of the taxable vehicle.
The Truck owners or operators who operate business or trade need to file form 2290 online if they have 25 heavy vehicles weighing 55,000 pounds or more used on US public highways.
First Used Month of 2290 Heavy Taxable Vehicle
According to Form 2290 instructions, the month the vehicle is first driven on public highways is the first used month for the vehicle. The Form 2290 due date for that vehicle is the last day of the month following the vehicle’s first use.
Example: If you purchase a heavy highway vehicle with a taxable gross weight of 65,000 pounds in October and start using it, October is treated as the first used month of the vehicle, as the vehicle owner uses his/her heavy vehicle from a dealer’s shop to his home using public highways.
Key Points On Form 2290 Due Date For American Truckers:
- The due date for Form 2290 is August 31st of each year. This is the deadline for filing the form and paying the tax due on heavy highway vehicles with a taxable gross weight of 55,000 pounds or more.
- If you first use a vehicle on public highways other than July, the due date for Form 2290 is the last day of the month following the month of first use. For example, if you first use a vehicle in November, the due date for Form 2290 is December 31st.
- You can file Form 2290 online, by mail, or by fax. You can also pay the tax due online, by credit card, or by check.
- If you fail to file Form 2290 by the due date, you may be subject to penalties and interest.
IRS Form 2290 Deadline for Vehicles with Different First Used Month
Vehicle’s First Used Month | Form 2290 deadline |
July 2024 | August 31 st, 2024 |
August 2024 | September 30th, 2024 |
September 2024 | October 31 st, 2024 |
October 2024 | November 30th, 2024 |
November 2024 | January 3rd, 2025 |
December 2024 | January 31 st, 2025 |
January 2025 | February 28th, 2025 |
February 2025 | March 31 st, 2025 |
March 2025 | May 1 st, 2025 |
April 2025 | May 31 st, 2025 |
May 2025 | June 30th, 2025 |
June 2025 | July 31 st, 2025 |
Note: If the Form 2290 deadline falls on a Saturday, Sunday, or holiday, ensure to file Form 2290 on the next business day.
What happens if you don’t file before the Form 2290 due date?
Truckers who fail to file the Heavy Vehicle Use Tax by the 2290 deadline may be subjected to penalties along with interest. In some cases, the heavy vehicle is suspended from on-highway transportation. Hence, late filing of the 2290 Highway Vehicle Use Tax results in paying extra dollars rather than what we owe to the IRS.
The saddest part of a trucker’s life is “paying extra pennies apart from the total tax amount”. 2290 HVUT penalties are heavy when you ignore the form 2290 filing process on time.
Form 2290 Penalty Information
2290 tax form late filing is subject to penalties and interest. As we know, the IRS imposes penalties on truckers who fail to file the IRS 2290 form. Generally, IRS penalties are higher than the actual tax amount. The exact amount can only be calculated by an IRS-certified authorized e-file provider like Truck2290. For the convenience of truckers, we have provided the penalty rates here:
Penalty | Reason for the penalty |
4.5% on the total tax | Failure to file IRS 2290 Form within the Form 2290 deadline |
0.5% on the total tax amount | Late paying of Heavy Vehicle Use Tax |
0.54% of interest is also charged along with the penalty for up to five months.
Plan and set reminders to file your taxes. Don’t wait until the last minute. File your 2290 tax form by the due date or on time to avoid technical problems during peak filing season so you can be exempt from IRS penalties.
Additional Tips for American Truckers Who Need To File Form 2290:
- Start planning early. The due date for Form 2290 is August 31st, but it’s a good idea to start planning early. This will give you time to gather all the necessary information and file the form on time.
- Keep good records. You’ll need to keep good records of your vehicle’s weight and usage to calculate the tax due.
- File electronically. Filing Form 2290 electronically is the easiest and fastest way to file. You can file online at the IRS website.
- Pay the tax due on time. If you can’t pay the full amount of tax due by the due date, you can request a payment plan from the IRS.
Frequently Asked Questions
Truckers must pay heavy vehicle use tax if they have registered a heavy motor vehicle in their name with a gross weight of 55,000 pounds are more.
Yes, truckers can file IRS Form 2290 after the due date in addition to paying the fines assessed by the IRS for 2290 late filing.
The IRS annual tax period begins on “July 1st and ends on August 31st” every year.
Yes, the IRS provides an exemption from the IRS penalties if you report a valid reason for the 2290 late filing. The exemption will last up to 5 months.
If anyone obtains a new or used vehicle other than July, they need to file their form 2290 on the final day of the following month.
A prorated tax is a tax that applies to a part of the tax year. If a trucker’s purchase of a heavy vehicle beyond July is considered a prorated tax.