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Section 179 deduction for vehicle
I bought a vehicle for 100% business use. The cost was $22k. I believe I can take up to $18 deduction. However, when the online application asks how much I want to apply to Section 179, and I enter $18,000, my tax bill goes up. A lot. When I enter zero it goes down a lot. Why?
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‎June 7, 2019
5:32 PM