Form 2290 Tax Computation Table

The current period begins on july 1 2019 and ends june 30 2020.

Form 2290 tax computation table.

See tax computation for privately purchased used vehicles below. Read down the column. Free form 2290 tax calculator make use of our free form 2290 tax calculator and calculate heavy vehicle use tax amount exactly. Table i of the instructions for form 2290 provides the prorated tax for each gross vehicle weight category from the first month of use until the end of june.

Read down the column to the new category. Filing hvut tax form 2290 online with eform2290. This is the new tax. 2 tax computation category taxable gross weight in pounds 1 annual tax vehicles used during july a vehicles except logging b logging vehicles 2 partial period tax vehicles first used after july see the tables at the end of the separate instructions.

The filing rules apply whether you are paying the tax or reporting suspension of the tax. You can receive a watermarked schedule 1. The amount where the category line and the month column meet is the tax due. Vehicle identification number of each vehicle.

Information about form 2290 heavy highway vehicle use tax return including recent updates related forms and instructions on how to file. Form 2290 is used to figure and pay the tax due on certain heavy highway motor vehicles. Enter here and on form 2290 line 5. Enter the amount on form 2290 page 2 column 2.

Find the month the vehicle was first used on public highways. The categories are listed in the tax computation table on form 2290 page 2. Form 2290 should be filed for the month when the taxable vehicle is first used on the highway. Enter the month here and on form 2290 line 1 from form 2290 page 2 determine the new taxable gross weight category.

Your name control on form 2290 must match your ein. A vehicles except logging b logging vehicles. All you need to do is enter the first month use of the vehicle gross weight of your truck and confirm if your vehicle is logging or non logging. If the vehicle is still being used in july of the following year the form 2290 filing deadline would be august 31.

Next go to the partial period tax tables find the month entered on line 1 above. On the partial period tax tables later find where the taxable gross weight category and months of use meet and enter the tax here 3. If a vehicle is first used on a public highway after july of the current year see the table above to determine the due date of the return and payment of tax. Required if you are reporting 25 or more vehicles on form 2290 encouraged for all for faster processing.

Use the same name on your form 2290 as was assigned to you with your ein. In this example if you first used the truck in february the return would be dated march 31st. For the vehicle that was destroyed stolen or sold enter the tax previously reported on form 2290 line 4 2. You have to file a form 2290 by the end of the month following the month the truck was placed in service.