Missing the Form 2290 filing deadline can lead to more than just paperwork delays. The IRS applies penalties and interest when heavy vehicle owners fail to file or pay the Heavy Vehicle Use Tax (HVUT) on time. These penalties can add up fast and impact your ability to keep your truck registered and on the road.
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IRS Penalties for Late Filing
If you don’t file Form 2290 by the due date—typically August 31 for most truckers—the IRS charges a penalty of 4.5% of the total HVUT owed, calculated monthly for up to five months. That’s in addition to the tax you already owe.
For example, if your tax amount is $550, the late filing penalty could add over $120 in just a few months. The longer the delay, the higher the penalty.
Penalties for Late Payment
Even if you file on time but fail to pay the tax, the IRS will charge a 0.5% late payment penalty per month, plus interest of 0.54% monthly on the unpaid amount. These charges continue until the full payment is made.
Other Consequences
Beyond financial penalties, not filing Form 2290 on time means you won’t receive a valid IRS-stamped Schedule 1—the document needed to register your vehicle or renew your tags with the DMV. Without it, your truck could be taken off the road.
Avoid Penalties with Truck2290.com
Avoid these penalties by filing early and accurately with Truck2290.com, an IRS-authorized e-file provider. The platform makes filing fast and easy, sends reminders before deadlines, and provides instant access to your stamped Schedule 1. Whether you’re managing one truck or an entire fleet, Truck2290.com helps you stay compliant and penalty-free.
Don’t Wait—File On Time
IRS penalties for late Form 2290 filing are steep, but completely avoidable. File on time with Truck2290.com and keep your truck running without costly interruptions.