Level 6
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Business & farm

 
Level 10
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Business & farm

max for car is $18k for 100% business use

Level 6
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Business & farm

You sure? I read that on Tesla forum that it is possible. Article 179 aka Hummer tax loophole basically says you can deduct 100% of the cost of your Model X since it is more than 6k lbs. 

Level 10
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Business & farm

For new and pre-owned vehicles put into use in 2018 (assuming the vehicle was used 100% for business):

  • The maximum first-year depreciation write-off is $10,000, plus up to an additional $8,000 in bonus depreciation.
  • For SUVs with loaded vehicle weights over 6,000 pounds, but no more than 14,000 pounds, 100% of the cost can be expensed using bonus depreciation.

 

Sec 179 

 

IRS TCJA