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Am I able to Section 179 a farm vehicle?
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April 12, 2021
7:46 AM
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Deductions & credits
Yes, you can claim the section 179 deduction on a farm vehicle.
Please read this IRS document for more information.
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April 12, 2021
7:59 AM
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Deductions & credits
Note that there are dollar limits and business income limits.
See https://www.irs.gov/publications/p225#en_US_2020_publink1000218192
April 12, 2021
8:02 AM