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Section 179 Deduction for a 100% business use truck with over 6000 GVWR in 2023
Hi,
Q: Can I use the Section 179 Deduction for the full purchase price of this truck (100% business use truck with over 6000 GVWR purchased and placed into service in 2023)?
OR, do I only use Section 179 Deduction for an amount up to a certain limit (for 2023) and then use special depreciation for the remaining amount?
The total purchase price of the truck is $34,665.00
Thank you!
Topics:
‎September 5, 2024
8:24 AM