Use Of Irs Tax Form 2290 Online

HVUT is the annual tax assessed on heavy vehicles that operate on public highways and the taxable gross weight is equal to or more than 55,000 pounds. For vehicles over 75,000 pound, the maximum HVUT is $550 per year. Bureau of Motor Vehicles (BMV) requires the proof of payment of HVUT each year and the non-compliance leads to penalty. The tax period for HVUT begins on July 1 every year and ends on June 30 the next year.

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