Form 2290 and the HVUT: How Trucking Operators File Heavy Highway Vehicle Use Tax Before the August 31 Deadline
Form 2290 funds federal highway maintenance through an annual excise tax on vehicles with a taxable gross weight of 55,000 pounds or more. Owner-operators and fleets owe up to $550 per truck and must file by August 31 — late filings trigger a 4.5% monthly penalty and DMV registration suspension.
