Deductions & credits

Do any of these apply?

 

  • Designed to seat more than nine passengers behind the driver's seat;

  • Equipped with a cargo area (either open or enclosed by a cap) of at least 6 feet in interior length that is not readily accessible from the passenger compartment; or

  • That has an integral enclosure fully enclosing the driver compartment and load carrying device, does not have seating rearward of the driver's seat, and has no body section protruding more than 30 inches ahead of the leading edge of the windshield.

https://www.irs.gov/publications/p946#en_US_2024_publink[phone number removed]

 

 

If none of those apply, the Section 179 is limited to $30,500.