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2021-2022 FEDERAL HEAVY HIGHWAY VEHICLE USE TAX PAYMENT DUE AUGUST 31 FOR VEHICLES ON ROAD DURING JULY 2021 |
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EMA Contact: Mark
S. Morgan, Regulatory Counsel
mmorgan@emamerica.org
The 2021 Heavy
Highway Vehicle Use (HHVU) tax reporting period runs from
July 1, 2021 to June 30, 2022. The HHVU tax is paid on
each commercial motor vehicle with a gross vehicle weight
of 55,000 pounds or greater that travels 5,000 miles or
more per year. The HHVU applies to most petroleum cargo
tank vehicles and transports. Once the HHVU tax is filed
and paid, the IRS will send back to filers a stamped IRS
Form 2290 Schedule 1, proof of payment within 6 weeks.
What’s New with
2290 Filings:
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IMPORTANT!
The IRS reinstated the use
of debit card and credit card payment methods for the
HHVU tax that it suspended during the Covid-19
pandemic.
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IMPORTANT!
Use IRS Form 2290 (Rev. July 2021) for the 2021-2022
filing period. Any amount due from the 2020-2021
filing period must be filed on the previous Form 2029
(Rev. July 2019)
Filing Form:
Filing Deadlines:
The filing deadline for
Form 2290 is based on the month the taxpayer
first uses the taxable vehicle on public highways
during the reporting period.
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For vehicles first used
on a public highway in July, file Form 2290
between July 1 and August 31.
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For vehicles first used
on a public highway after
July, file Form 2290 by the last day of the month
following the month in which you first used the
vehicle on a public highway. The tax for the current
filing season is prorated for vehicles first used on a
public highway after July.
Filing Methods:
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Electronic
Filing: Form 2290 may be filed
electronically. Taxpayers
must file electronically if
reporting 25 or more vehicles on Form 2290.
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Paper Filing:
Taxpayers may file a paper copy of Form 2290
via the U.S. Postal Service. See Form 2290
Instructions for the correct mailing address. Expect
to receive a stamped Schedule 1 returned within 6
weeks after filing.
Calculating Payment
Amount:
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The per vehicle tax
payment amount of the HHVU tax is calculated based on
gross vehicle weight (GVW) and the month the vehicle
is first used during the reporting year. The minimum
annual HHVU weight tax is $100 for vehicles in use
between July 1, 2021 and June 30, 2022 having a GVW of
55,000 pounds. This amount increases to a maximum $550
for vehicles with a GVW over 75,000 pounds.
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The per vehicle tax
payment amount for the current filing period is
prorated for vehicles first used on a public highway
after July 1. For vehicles not in use during July
2021, the applicable annual HHVU weight tax rate is
reduced by 1/12 for each calendar month after July 31
until the vehicle is first used. For example, the
annual HHVU tax on a vehicle first used in October of
the 2021-2022 reporting year is reduced by 3/12ths of
the annual rate based on GVW because it was not in use
for the first three months of the reporting year.
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The weight rates and
monthly proration calculations are fully explained in
Form 2290 and instructions.
How to Pay:
There are four methods to
pay the tax.
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Electronic funds
withdrawal (direct debit) if filing electronically.
Electronic Funds Withdrawal.
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Electronic Federal Tax
Payment System (EFTPS).
Payment by EFTPS.
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Credit or debit card
payment.
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Check or money order
using the payment voucher.
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The HHVU tax is due
when Form 2290 is filed.
Important
Reminders:
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There are many vendors
who offer to file Form 2290 for you - for
a fee. Often, vendors market their
services in a letter designed to look like it comes
from an official federal agency through the U.S.
Postal Service, email or fax. Don’t be fooled. You are
not required to use a vendor to file Form 2290.
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Filers must complete
pages one and two of Form 2290 along with both pages
of Schedule 1.
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Filers must
have an established employer identification number
(EIN) to file Form 2290. Click
here to obtain an EIN online.
Schedule 1 Copies
for Filed Forms 2290:
Additional
Information:
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ENERGY MARKETERS OF
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