How to calculate the taxable gross weight of the vehicle?

The IRS HVUT Form is known for all truck owners and they are expected to pay tax for using their trucks on the highway roads, for every tax year. The tax amount is calculated based on the total gross weight of the vehicle and the heavier the vehicle is, the higher will be the tax amount. Generally, vehicles that are over 55,000 pounds of weight are taxed by the IRS right from the time the vehicle is first used on the road. Before filing Form 2290, it is thus important to check the correct taxable weight of the vehicle. The truck owners can take them to any approved weighting company to weigh the vehicle when it is completely empty. 

What is the taxable gross weight of the vehicle?

The taxable gross weight of the truck is defined as the actual unloaded weight of the vehicle that is been completely equipped for service. The actual weight of the trailer or the semi-trailer that is been equipped for service should also be weighed along with the vehicle. Together they give the total taxable weight of the vehicle. The maximum load that can be customarily carried on these vehicles and on their trailers and their semitrailers should also be considered while calculating the gross total weight of these vehicles. 

While determining the taxable gross weight of the vehicle, there is no need to consider the weights that are declared to obtain the special temporary travel permits. 

Special temporary travel permits are the permits that allow the vehicle to operate 

  • In a state in which it is not been registered,
  • Vehicles allowed to operate at more than the maximum weight limit of the state
  • And vehicles that are given special permits to carry more of the weight that is been registered in the state. 

But these special temporary travel permits do not cover permits that are issued for the vehicle if the total amount covered by these permits is more than 60 days or more than 2 months during the taxable year. 

Calculating the HVUT tax and making the payments

The annual HVUT will vary based on the taxable gross weight category of the vehicle. If the vehicle weights about 55,000 pounds then the calculated HVUT tax of this vehicle is about $100 and if the maximum weight of the vehicle is over 75,000 pounds, then the HVUT is calculated at about $550. 

If the vehicle weighs below 55,000 pounds, it need not pay any tax and if the weight of the vehicle is between 55,000 and 75,000 pounds, then the truck owner has to pay a tax of $100 along with $22 for every 1000 pounds’ weight over 55,000 pounds of the truck.

Choose Tax2efile to calculate the HVUT tax and E-file Form 2290 instantly

With Tax2efile you can automate all the HVUT calculations instantly and accurately and pay the tax with the IRS instantly. Tax2efile is an IRS authorized service provider that offers easy and hassle-free E-filing options of the trucks and it will also calculate the HVUT taxes instantly. You can choose to pay the tax through your preferred payment option and file the Form with the IRS instantly by e-filing it within minutes.