2290 Heavy Highway Use Tax Due August 31, 2008
Tuesday, July 15th, 2008The 2290 Heavy Higway Vehicle Use Tax is a $550 federal excise tax that must be paid on all vehicles that weigh 55,000 lbs or more and operate on public highways. The reporting period is from July 1st in any given year to June 30 the next year. The tax bill that is currently due is for the reporting period of July 1st, 2008, through June 30, 2009. If the vehicle will not put on more than 5,000 miles in the coming year (or, if it is agricultural, if it won’t put on more than 7,500 miles in the year), the $550 payment isn’t required, but you still must file form 2290.
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