As a responsible heavy highway vehicle owner, keeping track of IRS deadlines is essential to avoid any potential penalties. Get ready to mark your calendars and plan! This blog will provide all the necessary details on the Form 2290 due dates for the 2023-2024 tax year, ensuring that you stay compliant with IRS regulations and file your returns on time.
The IRS requires all heavy highway vehicle owners to file their Form 2290 returns and pay the associated taxes by the due date. Failing to do so could result in significant penalties, and nobody wants to pay more than necessary.
As we approach the 2023-2024 tax year, staying up-to-date with the Form 2290 due dates is essential to avoid any unnecessary stress or financial burden. In this blog, we’ll walk you through everything you need to know about the Form 2290 due dates, so you can file your returns on time and remain compliant with the IRS regulations.
So, let’s dive in!
When Is Form 2290 Due For 2023?
The due date for filing Form 2290 for the 2023-2024 tax year is August 31, 2023. It’s important to note that this deadline applies to all vehicles from July 1, 2023, through June 30, 2024. If you fail to file by this date, you may be subject to penalties and interest on any taxes owed.
| Tax Period | Due Date |
| July 1, 2023 – June 30, 2024 | August 31, 2023 |
Form 2290 Due Dates For Vehicles First Used On Public Highways
If you own a heavy vehicle first used on public highways during the 2023-2024 tax year, you must file Form 2290 to pay your federal highway use tax. The due date for filing this form varies based on when your vehicle was first used.
If your vehicle was first used on public highways in July 2023, the due date for filing Form 2290 is August 31, 2023. For vehicles first used on public highways in any other month during the 2023-2024 tax year, the due date for filing is the last day of the month following the month of first use. For example, if your vehicle was first used in November 2023, the due date for filing Form 2290 would be December 31, 2023.
Here is a helpful table outlining the due dates for Form 2290 for vehicles first used on public highways during the 2023-2024 tax year:
| First Used on Public Highways | Due Date |
| July 2023 | August 31, 2023 |
| August 2023 | September 30, 2023 |
| September 2023 | October 31, 2023 |
| October 2023 | November 30, 2023 |
| November 2023 | December 31, 2023 |
| December 2023 | January 31, 2024 |
| January 2024 | February 29, 2024 |
| February 2024 | March 31, 2024 |
| March 2024 | April 30, 2024 |
| April 2024 | May 31, 2024 |
| May 2024 | June 30, 2024 |
| June 2024 | July 31, 2024 |
How Much Does It Cost To File Form 2290?
The cost to file Form 2290 for the 2023-2024 tax year depends on the taxable gross weight of your vehicle. For vehicles with a gross weight of fewer than 55,000 pounds, the tax rate is $100 plus $22 per 1,000 pounds over 3,000 pounds. For vehicles with a gross weight of 55,000 pounds or more, the maximum tax is $550 per year.
It’s important to note that if you file Form 2290 electronically, you may be eligible for a reduced fee of $1.90 per form instead of the $125 paper filing fee. Additionally, if you have multiple heavy vehicles, you can file a consolidated Form 2290 and pay a single payment for all vehicles. This can save you time and money on filing fees.
Here is a breakdown of the costs associated with filing Form 2290 for the 2023-2024 tax year:
| Gross Weight | Tax Rate |
| Less than 55,000 pounds | $100 plus $22 per 1,000 pounds over 3,000 pounds |
| 55,000 pounds or more | A maximum tax of $550 per year |
How Do I Pay My Heavy Duty Tax?
Here’s a step-by-step guide to help you file and pay your heavy-duty tax with ease:
Step 1: Determine Your Taxable Gross Weight
Before you file Form 2290, you’ll need to determine your taxable gross weight. This is the weight of your vehicle, including any load used on public highways. If your vehicle has a gross weight of 55,000 pounds or more, you must pay the maximum tax of $550 annually.
Step 2: Gather the Necessary Information
To file Form 2290, you’ll need to gather the following information:
- Employer Identification Number (EIN)
- Vehicle Identification Number (VIN)
- The taxable gross weight of the vehicle
- The first month the vehicle was used on public highways
Step 3: File Form 2290
You can file Form 2290 electronically using the IRS’s e-File system or by mail. You must file electronically if you have 25 or more vehicles to report. When filing electronically, you’ll need to choose a payment method. You can pay by Direct Debit, EFTPS, or mailing a check or money order.
Step 4: Pay Your Heavy-Duty Tax
You must provide your bank account information if you choose to pay by Direct Debit or EFTPS. The IRS will then debit your account for the amount owed on the specified date. If you choose to pay by check or money order, include your payment voucher with your payment and mail it to the address listed on the voucher.
Step 5: Receive Your Stamped Schedule 1
Once your Form 2290 and payment have been processed, you’ll receive a stamped Schedule 1. This serves as proof of payment and must always be kept in your vehicle.
How Can I File Form 2290 Online With Ez2290?
Filing Form 2290 for heavy vehicle use tax can be daunting, but with EZ2290, it doesn’t have to be. EZ2290 is an IRS-approved e-File provider that makes the process of filing Form 2290 quick, easy, and secure.
Step 1: Register with EZ2290
To get started with EZ2290, you’ll need to create an account on their website. This will require basic information about you and your business, such as your name, address, and EIN.
Step 2: Enter Vehicle Details
Once you’ve created an account, you’ll be prompted to enter the details of your vehicle, including the VIN and taxable gross weight. EZ2290 also offers an auto-populate feature, which can pull your vehicle information directly from your previous filings, making the process even easier.
Step 3: Choose the Payment Method
After entering your vehicle information, you’ll need to choose a payment method. EZ2290 offers several payment options, including Direct Debit, EFTPS, credit card, and check or money order.
Step 4: Review and Submit
Before submitting your Form 2290, review all the information you’ve entered for accuracy. Once you’ve confirmed everything is correct, submit your form to the IRS through EZ2290’s e-File system. You’ll receive an email confirmation once the IRS has processed your form.
Step 5: Receive Stamped Schedule 1
Once your Form 2290 has been processed and your payment has been confirmed, you’ll receive a stamped Schedule 1. This serves as proof of payment and must always be kept in your vehicle.
IRS Form 2290 Stamped Schedule 1 Proof for Payment
When filing Form 2290 for Heavy Vehicle Use Tax, obtaining your Stamped Schedule 1 as proof of payment is essential. The Stamped Schedule 1 is a critical document that proves that you have paid the tax for your heavy vehicle and is required for various purposes, including registering your vehicle, renewing your tags, and operating your vehicle legally.
Obtaining your Stamped Schedule, 1 is easy when filing Form 2290 online with an IRS-approved provider like EZ2290. Once you’ve completed the e-Filing process and submitted your payment, you’ll receive your Stamped Schedule 1 electronically in just a few minutes.
It’s important to note that the Stamped Schedule 1 has an expiration date, typically at the end of the tax year. Therefore, it’s crucial to ensure that you file and pay your Heavy Vehicle Use Tax on time to avoid any penalties or delays in obtaining your Stamped Schedule 1.
What Is The Penalty For Late Filing Of Form 2290?
The penalty for late filing of Form 2290 is 4.5% of the total tax due, assessed every month for up to five months. Additionally, if you fail to make a payment or pay less than the amount due, an additional penalty of 0.5% of the total tax due is assessed each month until the tax is paid in full.
For example, if your total tax due is $1,000, and you file your Form 2290 three months late, your penalty will be $135 (4.5% x $1,000 x 3 months). If you also fail to pay, a penalty of 0.5% of the total tax due ($5) will be added each month until the tax is paid in full.
Filing and paying your Heavy Vehicle Use Tax on time is crucial to avoid any penalties or interest charges. The IRS offers various options for filing and paying, including online filing with an IRS-approved provider like EZ2290.
