Reminder to all owner operators, this tax is due Aug 31 (Form 2290). If you are in a lease to own situation, you do not really need to worry about it; the seller typically files this for you. Once it is fully paid for, this form and tax need to be filed and paid every year.
This article is great, it explains everything you need to know very simply:
Call my office at 361 443-3787 if you need help filing this form.
Written by Laura Fleig, Fleig Financials, LLC
August 8, 2020