MyronL
New Member

Used PHEV MiniVan purchased for Company use

Sometime in 2025  we are going to replace our delivery pickup truck with a used Chrysler PHEV mini-van that will cost $24000.  Many of the 2023 used ones are available at this price and appear to be eligible for a $4000 tax credit.  Can this be taken against business income when we intend to use the 179 deduction to defer the purchase of this vehicle?  Can we take both?   How should this be done?