ExpressIFTA Blog

Wednesday, July 3, 2019

Countdown To The HVUT Due Date

Truckers hurry to file 2019 Form 2290 by the 2290 due date.

2019 Form 2290 Kick Off Starts Now!

Often times truckers will wait until the last minute to file causing them more stress and the potential to miss out on important HVUT due dates. Missing a due date can lead to hefty penalties on top of taxes due. 

The HVUT annual fee is calculated by adding:
  • The actual unloaded vehicle weight, fully equipped for service. 
  • The unloaded weight of the semi-trailer or trailers, fully equipped in combination with the commercial vehicle. 
  • The maximum load weight usually carried on the vehicle and any semi-trailer(s) used.

HVUT Due Date

The IRS 2019 Form 2290 for Heavy Vehicle Use Taxes (HVUT) must be filed annually by August 31st. This year, however, the HVUT due date is technically September 3rd.

Although there is a shift in the 2019 HVUT due date, this isn't a call for procrastination.

Why September 3rd?

As mentioned August 31st is normally the HVUT due date, but this year that date falls on a Saturday and the following business day is on Labor Day.

File Your 2019 Form 2290 Now and Pay Later

We are encouraging all of our clients to file their 2019 Form 2290 as early as today and beat the rush. If procrastination is on your mind just think of how many other truckers are thinking the same thing.

The step-by-step instructions make filing as simple as can be. You also have access to trained support staff via phone, email, and live chat.

You could get your 2019 Form 2290 handled today and not worry about paying 2019 HVUT until later.

What Happens If You File Late?

The IRS may impose penalties for several different reasons regarding 2019 HVUT. You may be penalized for failing to file your return or to pay taxes owed by the 2019 Form 2290 due date. HVUT penalties may also be applied for filing false or fraudulent returns. These penalties are in addition to interest accrued on late payments.

The penalty for filing after the HVUT due date is equal to 4.5% of the total tax due assessed on a monthly basis for up to five months. If you also make a late HVUT payment you will also face a monthly penalty of .5% of the total tax due and additional interest charges of .54% will accrue per month as well.



IRS Form 2290 Deadline Countdown

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