Am I able to Section 179 a farm vehicle?

 
MinhT1
Expert Alumni

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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Deductions & credits

Note that there are dollar limits and business income limits.

 

See https://www.irs.gov/publications/p225#en_US_2020_publink1000218192