I purchased a new vehicle (used) for my business (August 2021) after totalling my previous vehicle. Instead of depreciating the new vehicle over a numbe of years, I'd like to take a larger deduction this year. My business use is 63.31%. I have no idea what to enter in the "Section 179 Deduction" box. Do I enter a percentage? A dollar amount? And how much would I enter? I would like to take the maxiumum deduction this year since my tax liability is high. Thanks for your help in advance.
