Reminder: Highway use tax return is due August 31

Reminder: Highway use tax return is due August 31

The IRS today issued a release as a reminder to truckers and owners of heavy highway vehicles that, for most, the federal highway use tax return is due Monday, August 31, 2015.

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The IRS release (IR-2015-101) notes that the August 31 deadline generally applies for filing Form 2290, Heavy Highway Vehicle Use Tax Return, and the related tax payment for the tax year that begins July 1, 2015, and ends June 30, 2016.

  • Returns must be filed and tax payments made by August 31 for vehicles used on the road during July 2015.
  • For vehicles first used after July 2015, the deadline is the last day of the month following the month of first use.

The IRS encourages all taxpayers to file Form 2290 and pay any tax due electronically. Taxpayers reporting 25 or more vehicles must “e-file.”

Background

The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more—generally, trucks, truck tractors, and buses. Typically, vans, pick-up trucks, and panel trucks are not taxable because they fall below the 55,000-pound threshold.

The tax of up to $550 per vehicle is based on weight, but a variety of special rules apply.

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