Big_Dave
08-18-2006, 11:03 PM
Other points to remember about the 2290 Heavy Use Tax. The tax is due the next month after the truck is put in service. For trucks on the road in July 2006, the tax is due by August 31, 2006. For trucks that aren’t put into service until sometime in the month of August, 2006, the tax is due by Sept 30, 2006. And So forth. Also, the tax is pro-rated for trucks that are not in service for the full tax period. The details on the pro-rated tax are in the 2290 instructions. The tax must be paid in full and on time or you will be assessed penalties and interest.
2290 Info (http://www.coopsareopen.com/news/tax-credit-for-2290-heavy-vehicle-use-tax.html?maintitle)
2290 Info (http://www.coopsareopen.com/news/tax-credit-for-2290-heavy-vehicle-use-tax.html?maintitle)