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Show Do You Owe , Highway Use Tax? If a truck, truck-tractor or bus is registered in your name the IRS has some ad-) ad-) vice for you. You may owe Highway Use Tax. "THE TAX generally applied to single unit trucks weighing 13,000 pounds or more, to truck-tractors weighing 5,500 pounds or more, to trucks of 9,000 or more pounds equipped for use in combinations, and to buses with a gross weight of more than 26,000 pounds," said Roland V. Wise, IRS District Director for Utah. Taxpayers who receive a notice of potential liability are urged to complete the appropriate sections of the notice and return it to the IRS and not wait to be contacted. By doing so they may avoid additional penalties and interest. "THE TAX year for the Highway Use Tax begins July 1 and runs through the following June 30. For vehicles placed in service after July, Form 2290 must be filed with the IRS Service Center serving the vehicle owners by the last day of the month following the month a vehicle is used on a public highway for the first time," Mr. Wise added. Further information on the proper filing of the Federal Highway Use Tax Return is available at the Salt Lake IRS District Office. Ask for IRS Publication 349, "Federal Highway Use Tax on Trucks, Truck-Tractors, and Buses," or you can request the publication by calling the toll-free number for the IRS listed in the white pages of your telephone directory. |