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You can't take a Section 179 deduction if you had a loss. It's limited to your taxable income.
@elizabethharris1 wrote:
for Uber this year
Are you SURE you want to use Actual Expenses for your vehicle? In MANY cases, high-mileage jobs like Uber have a better long-term benefit using the Standard Mileage Rate. And if you choose to use Actual Expenses this year, you can never use the Standard Mileage Rate for that vehicle.
In the event you do want to use Actual Expenses, why are you wanting to use Section 179?
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