IRS Extends Highway-Use Tax Deadline to Nov. 30
Under proposed regulations spelled out by the IRS in a July 15 press release, the revised filing deadline for Form 2290, the Heavy Highway Vehicle Use Tax Return, for the tax period beginning July 1, applies to vehicles used during July.
Because the highway use tax is set to expire on Sept. 30, this extension should clear up any confusion and avoid multiple filings if Congress reinstates or modifies the tax after that date, the IRS said.
It will also apply to trucks used during August or September. Returns should not be filed and payments should not be made before Nov. 1, the IRS said.
To help truckers applying for state vehicle registration on or before Nov. 30, the new regulations require states to accept as proof of payment the stamped Schedule 1 of the Form 2290 issued by the IRS for the prior tax year ended June 30.
The tax of up to $550 per vehicle is based on weight, and a variety of special rules apply to vehicles with minimal road use, logging or agricultural vehicles, vehicles transferred during the year and those first used on the road after July.
Under federal law, states are required to obtain proof of payment of the federal highway use tax before vehicles are registered.
The IRS said that last year it received about 650,000 Forms 2290 and highway use tax payments totaling $886 million.
