DonBG Posted March 9, 2024 Report Posted March 9, 2024 I have a client that purchased a $39,000 >6,000 #GVW Truck-Extended Cab and am struggling to get my maximum depreciation Quote
BrewOne Posted March 9, 2024 Report Posted March 9, 2024 Is it subject to the Section 179 limit? There is a $28,900 limit unless the vehicle meets other criteria (three possibilities). for 2023, it could work out to 80% (bonus/special depreciation) The Taxbook has a nice section with a worksheet on maximizing 179. Quote
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