For your type vehicle, $26,200 is the limit for Tax Year 2022.
Section 179 cannot be used to increase that amount.
According to the IRS:
“Situations affecting dollar limit.
Under certain circumstances, the general dollar limits on the section 179 deduction may be reduced or increased or there may be additional dollar limits. The general dollar limit is affected by any of the following situations.
- The cost of your section 179 property placed in service exceeds $2,620,000.
- You placed in service a sport utility or certain other vehicles.
- You are married filing a joint or separate return.”
“You cannot elect to expense more than $26,200 of the cost of any heavy sport utility vehicle (SUV) and certain other vehicles placed in service in tax years beginning in 2021. This rule applies to any 4-wheeled vehicle primarily designed or used to carry passengers over public streets, roads, or highways that is rated at more than 6,000 pounds gross vehicle weight and not more than 14,000 pounds gross vehicle weight.”
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