What is taxable gross weight in IRS Form 2290?
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Last modified 9/29/2020 7:20:08 AM EST |
Added by ExpressEfile Team
Applicable To
Form 941
Form 1099 / W-2
Form 2290
The taxable gross weight of a vehicle (besides a bus) is considered to be the maximum weight of a truck. Add the following factors to determine taxable gross weight:
- The actual unloaded weight of the vehicle fully equipped for service.
- The actual unloaded weight of any trailers or semi-trailers fully equipped for service customarily used in combination with the vehicle.
- The weight of the maximum load customarily carried on the vehicle and on any trailers or semi-trailers customarily used in combination with the vehicle.
While filing Form 2290, you have to choose the appropriate taxable gross weight of your heavy vehicle. This will be used to determine the HVUT amount.