Form 2290 and the 55,000 lb threshold
Form 2290 is the federal heavy highway vehicle use tax (HVUT). It is a tax, not a license, and the stamped Schedule 1 you receive back is what plate renewals ask for. Many carriers keep it in a glovebox or an inbox until someone needs it.
The key facts Permit Book works from
- Threshold: units with a GVWR of 55,000 lb or more.
- Filed per vehicle: each qualifying truck has its own Schedule 1.
- Tax year: July 1 through June 30.
- Due date: August 31.
- Plate renewals: the stamped Schedule 1 is required.
These are summary notes. Verify current rules, dates and amounts with the IRS before you file.
How Permit Book helps
When you enter a unit's GVWR at 55,000 lb or above, a Form 2290 Schedule 1 slot appears on that unit. Upload the stamped copy, and Permit Book reminds you 60 days before the August 31 date so it is not a scramble. Learn more on the home page or see the DQ checklist guide for driver paperwork.
Questions
What is Form 2290 Schedule 1?
Form 2290 is the federal heavy highway vehicle use tax (HVUT) return. The stamped Schedule 1 is the proof of payment, and it is required for plate renewals. It is a tax filing, not a license.
Which vehicles does it apply to?
Permit Book shows a Form 2290 document slot only for units with a gross vehicle weight rating of 55,000 lb or more. Trailers are usually below that, so they typically do not need one. Verify your own situation.
What is the tax year and when is it due?
The tax year runs July 1 through June 30, and the due date is August 31. Verify current dates and rules with the IRS.
Is it filed once per company?
It is filed per vehicle. Each qualifying unit has its own Schedule 1 on file.