2025 Section 179 Limits For Light Vehicles. 2025 Section 179 Vehicles Clary Devinne In addition to the vehicle deduction limits, you also have a total Section 179 deduction limit for all types of depreciable assets Learn limits like the $31,300 SUV cap & guidelines for trucks, vans & more.
Section 179 Deduction for Business Equipment How it Works from www.firstcitizens.com
The Section 179 deduction includes limits that businesses must navigate The Section 179 tax deduction gives vehicles under 6,000 pounds that are used for business purposes a deduction cap of $12,400 and $30,500 for vehicles over 6,000 but under 14,000 pounds.* If the 6,000- to 14,000-pound range seems better, you can upgrade a feature like an engine and you may cross the 6,000-pound threshold, allowing you to buy the vehicle you want and increase the deduction.
Section 179 Deduction for Business Equipment How it Works
Bonus Depreciation: These vehicles qualify for 40% bonus depreciation in 2025 Deduction Limits for 2025: Section 179 Deduction: Up to $31,300 for qualifying vehicles Specialized (Non‐Passenger) Vehicles: No special limit (treated like equipment) SUVs & Trucks >6,000 lbs GVWR: $31,300 max first‐year Section 179; remainder depreciated.
2025 Section 179 Vehicle Limits Sean Ferguson. Specialized (Non‐Passenger) Vehicles: No special limit (treated like equipment) SUVs & Trucks >6,000 lbs GVWR: $31,300 max first‐year Section 179; remainder depreciated. For 2025, light vehicles that weigh under 6,000 pounds have a Section 179 deduction limit of $12,200 in the first year they are used
2025 Section 179 Vehicle Limits Sean Ferguson. For the 2025 tax year, businesses can deduct up to $1,250,000 in qualifying purchases The Section 179 tax deduction gives vehicles under 6,000 pounds that are used for business purposes a deduction cap of $12,400 and $30,500 for vehicles over 6,000 but under 14,000 pounds.* If the 6,000- to 14,000-pound range seems better, you can upgrade a feature like an engine and you may cross the 6,000-pound threshold, allowing you to buy the vehicle you want and increase the deduction.