Leading IRS 2290 eFile Provider
Taxable gross weight is the combined weight of a vehicle, including the chassis, body, and any attached equipment. It calculates Heavy Vehicle Use Tax (HVUT) for vehicles with a gross weight of 55,000 pounds or more used on public highways.
Accurate taxable gross weight information is essential for HVUT calculation and avoiding penalties. The vehicle owner is responsible for updating this information by filing a Form 2290 Amendment. Accurate taxable gross weight information is essential for HVUT calculation and avoiding penalties. The vehicle owner is responsible for updating this information by filing a Form 2290 Amendment.
When calculating the taxable gross weight of a vehicle, it is important to consider how your state handles gross weight registration. Here are three common categories for state registration by weight:
| Taxable Gross Weight (lbs) | IRS Form 2290 Tax Amount* |
|---|---|
|
Below 55,000 |
$100 |
|
55,000 – 75,000 |
$22 per 1,000 lbs over 55,000
|
|
Over 75,000 |
$550 plus $22 per 1,000 lbs over 75,000
|
| Taxable Gross Weight (lbs) | IRS Form 2290 Tax Amount* |
|---|---|
|
Below 55,000 |
$100 |
|
55,000 – 75,000 |
$22 per 1,000 lbs over 55,000
|
|
Over 75,000 |
$550 plus $22 per 1,000 lbs over 75,000
|
* Note: The above tax rates apply for vehicles used during the July 1st to June 30th tax period. If your vehicle was in use for only a portion of the tax period, the tax amount will be prorated accordingly.
If there is an increase in taxable gross weight of a vehicle during the tax period, then the IRS requires that the vehicle owner file an amendment to their Form 2290 to report the increase in weight.
To do this, the vehicle owner must complete and file Form 2290 Amendment within the month following the month in which the weight increase occurred. The new tax amount will be calculated based on the increased weight and the remaining months in the tax period.
It’s important to note that failure to report an increase in taxable gross weight can result in penalties and interest charges, so it’s crucial to keep accurate records and promptly report any changes to the IRS.
Here are 5 reasons to eFile with EZ2290: