Business & farm

If you post your question here, it will also be helpful to know:

  • The exact make, model and year of the vehicle,
  • The GVWR of the vehicle (usually found on the inside doorframe of the driver's seat when the door is open).
  • If the business is a Schedule C, or if it is something else (S-corporation, Partnership, etc.).
  • If the business would still be profitable after taking the full the Section 179 deduction.
  • The percentage of business use of the vehicle.
  • If/why you really WANT to take the full cost in the first year, rather than spreading it out.
  • Why you are considering Section 179, rather than Bonus depreciation.