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Trucking taxes

Trucking Tax Calculators for Owner-Operators

Three free tools that cover the taxes every small carrier deals with: quarterly IFTA fuel tax, annual Form 2290 HVUT, and your quarterly federal estimated payments.

IFTA rates current — Q3 2026
Last updated Jul 5, 2026. Next quarterly refresh due Oct 1, 2026. Source: IFTA Inc.

IFTA Fuel Tax Calculator

Net tax owed (or refund) per jurisdiction. Q3 2026 rates for all 48 contiguous states.

Open IFTA calculator

Form 2290 HVUT Calculator

Heavy Vehicle Use Tax by gross weight and first-use month. Auto-prorates for mid-year vehicles.

Open 2290 calculator

Quarterly Tax Estimator

Self-employment + federal income + state estimate with per-diem deduction for OTR owner-ops.

Open quarterly estimator

What every owner-operator owes the government

Three federal/multi-state taxes hit every owner-operator. Miss any of them and you get fined, lose your authority, or both.

  • IFTA — quarterly fuel-tax reconciliation across the states you ran. Filed with your base state, paid or refunded based on the difference between fuel taxes you paid at the pump and fuel taxes owed on miles driven.
  • Form 2290 (HVUT) — annual federal heavy vehicle use tax. $100–$550/year per truck based on gross weight. Required to renew tags.
  • Quarterly estimated taxes (1040-ES) — self-employment (15.3%) + federal income + state. Due April 15, June 15, September 15, and January 15. Skip these and the underpayment penalty alone can run $500–$2,000/year.

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Tax FAQs

Do owner-operators have to pay quarterly taxes?

Yes. The IRS requires quarterly estimated tax payments (Form 1040-ES) any time you expect to owe $1,000 or more. Owner-operators almost always cross that threshold because self-employment tax (15.3%) and federal income tax aren't withheld from settlement checks.

What's the difference between IFTA and Form 2290?

IFTA is a quarterly fuel-tax reconciliation between states — you pay the difference between fuel taxes you paid at the pump and fuel taxes you owe based on miles driven in each jurisdiction. Form 2290 is the annual federal Heavy Vehicle Use Tax on trucks 55,000 lbs or more.

When is Form 2290 due?

For vehicles in use July 1, Form 2290 is due August 31. For vehicles first used after July, it's due the last day of the month after first-use month. Most owner-ops file in July.

Can I deduct per diem as an owner-operator?

Yes — the IRS allows transportation workers subject to DOT hours-of-service to deduct $80 per full day on the road in 2026 ($60 partial days). For owner-operators, this is taken on Schedule C and is currently 80% deductible.

What records do I need for IFTA?

Miles driven in each jurisdiction (from ELD or trip sheets), fuel receipts with date, location, gallons, and price. Most ELD providers (Motive, Samsara, KeepTruckin) auto-generate IFTA reports.

HaulerMath calculators are decision-support tools, not tax advice. Confirm filings with a trucking CPA before submitting.

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