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Revision as of 19:25, 28 August 2026
The HVUT, or Heavy Vehicle Use Tax, is an annual tax paid by truck drivers or owners of trucking companies. It ties in with drivers operating automobiles on our nation's highway, and use many of the money goes towards maintaining roads, alleviating congestion, keeping the roads safe, and funding new comes.
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What it is actually accepted as your 'income' tax has a few tax brackets each featuring a own tax rate from 10% to 35% (2009). These rates are placed on your taxable income which is income in excess of your 'tax free' returns.
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