Form 2290 Filing Requirements for the year 2020 - 2021

When Registering a Heavy Highway Vehicle Within 60 Days of Purchase

By and large, you should record Form 2290, Heavy Highway Vehicle Use Tax Return, and pay the appropriate tax if you are registering in your name a heavy highway motor vehicle with a gross weight of 55,000 pounds or more. Taxpayers generally must present the IRS-receipted Form 2290, Schedule 1, or a photocopy of such receipted Schedule 1, when registering a heavy highway motor vehicle with a state.

You must file Form 2290 and Schedule 1 for the tax period beginning on July 1, 2020, and ending on June 30, 2021, if a taxable highway motor vehicle (defined later) is registered, or required to be registered, in your name under state, District of Columbia, Canadian, or Mexican law at the time of its first use during the period and the vehicle has a taxable gross weight of 55,000 pounds or more.

However, if you purchase a highway motor vehicle, either new or used, and you register the vehicle with a gross weight of 55,000 pounds or more within 60 days of the purchase date, you have another option. Instead of providing an IRS receipted Form 2290, Schedule 1, you can provide the bill of sale, a photocopy of the bill of sale, or another document that is evidence of a title transfer and shows that you bought the vehicle within 60 days prior to the date you apply to register the vehicle.