Section 179 List Of Vehicles 2025

Section 179 List Of Vehicles 2025. Section 179 Deduction 2025 Vehicle Tana Zorine But the $31,300 limitation does not affect other heavy vehicles (i.e., those that are not considered SUVs) Tax law puts a $31,300 limit on 2025 Section 179 deductions for heavy SUVs with GVWRs between 6,001 and 14,000 pounds

This change impacts the overall deductions businesses can claim on qualifying assets, including vehicles. Below is a non-exhaustive list of heavier vehicles (based on manufacturer-provided GVWR data) that often meet or exceed the Section 179 vehicle weight threshold of 6,000 lbs

2025 Section 179 Vehicle Limits Sean Ferguson

Heavy vehicles have a Section 179 deduction cap of $31,300 in 2025 While the Section 179 deduction remains at a maximum of $1,220,000 in 2025, the bonus depreciation rate, which was set at 60% in 2024, will decrease to 40% in 2025 The Section 179 deduction is applicable for vehicles that have a rating between 6,000 pounds GVWR and 14,000 pounds GVWR for up to $25,000 of the vehicle's cost

Section 179 Tax Deduction How to Qualify Learn More. These vehicles generally have no personal-use function and typically qualify for the full Section 179 deduction (up to $1,250,000) in 2025, provided overall spending limits are not exceeded But the $31,300 limitation does not affect other heavy vehicles (i.e., those that are not considered SUVs)

List of Vehicles that Qualify for Section 179 in 2024 NexGen Taxes. 2 Let us say you finance a $60,000 heavy SUV and use it 100% for your small business Although many owners of true commercial vehicles do not track mileage the same way passenger‑vehicle owners do, it's still wise to maintain basic.