For new and pre-owned vehicles put into use in 2020 (assuming the vehicle was used 100% for business):
- The maximum first-year depreciation write-off is $10,100, plus up to an additional $8,000 in bonus depreciation.
- For SUVs with loaded vehicle weights over 6,000 pounds, but no more than 14,000 pounds, 100% of the cost can be expensed using bonus depreciation.
Use this link for more information: Business Use of Vehicles
Percentage you claim is the percentage of use. If you bought this vehicle specifically for mail delivery and no personal use then....100%. Except for commuting to work.
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