The semi truck that I own, with the trailer, is now
semi-operational. The only thing that does not work, yet, is the
hydraulic beavertail on the trailer.

We are now using it
You can see the truck with trailer on this pictu

http://www.machinerymoverschicago.com/moving-02.jpg

Anyway, my question is about the federal heavy haul tax, form 2290:

Form: http://www.irs.gov/pub/irs-pdf/f2290.pdf
Instruction: http://www.irs.gov/pub/irs-pdf/i2290.pdf

The law is that owners of heavy vehicles must pay heavy haul
tax. In my case, with a "V" plate, it would be $500 per year.

However, there is a provision that if the truck is expected
to be used less than 5,000 miles per year, then it can be claimed as
"suspended", and I would not owe tax. This comes to using it less than
100 miles per week. As of now, I expect that we will in fact be using
it less than 100 miles a week.

Am I correct in my reading that I can claim it as suspended and submit
the return, but not pay tax? And if, say, I end up using it more than
5,000 miles per year, I can then pay tax? Anyone knows this well
enough?

thanks

i