HOW TO DEPRECIATE A UTILITY TRUCK. THE BUSINESS BOUGHT IN 2016 AND USED IT 100% FOR BUSINESS USE. THE CPA DIDN'T HAVE CLAIM 179 SECTION NEITHER SPECIAL DEDUCTION

[mobiletrucksolut]

THE VALUE OF THIS ASSET WAS: 33,118$

THE CPA USED IN BUSINESS RETURN TAX (2016 AND 2017) METHOD 200 DB-HY. 

IS A FORD E-350 WITH HEAVY TOOLS AND EQUIPMENT INSIDE.

THE AMOUNT DEDUCT WAS: 

2016: 3,560$

2017: 5,700$

BUT MY TRUCK IS NOT A PASSENGER VEHICLE AND I WANT TO MAKE A RIGHT DEDUCTION.

CAN I USE A SECTION 179 DEDUCTION?

CAN I USE ANOTHER BONUS DEPRECIATION?

THANK YOU.

[KrisD]

No, the 179 deduction and bonus depreciation can only be elected the year the vehicle is placed into service.  If you trade that vehicle in and get a new one you may have the option. 

https://www.irs.gov/newsroom/new-rules-and-limitations-for-depreciation-and-expensing-under-the-tax-...