HVUT

Definition

HVUT - Heavy Vehicle Use Tax - is the federal annual tax under 26 USC §4481 paid via IRS Form 2290 on highway vehicles with a taxable gross weight of 55,000 pounds or more. The maximum tax is $550 per truck per year (for vehicles over 75,000 lbs gross weight). Tax period runs July 1 through June 30. The IRS-stamped Schedule 1 receipt is required to register the truck with most state IRP offices. HVUT funds the federal Highway Trust Fund along with diesel fuel tax. Vehicles operating fewer than 5,000 miles per tax period (7,500 for agricultural) are filed as "suspended" with $0 tax owed.