First, I said I personally purchased my vehicle which means I purchased it, not my corporation. Next, IRS Reg. Section 1.62-2(d)(1) allows as reimbursements the expenses in Part VI, Subchapter B, Chapter 1 of the Internal Revenue Code. The expenses allowed in this part of the tax code include depreciation under Section 167, and Section 179 expensing under Section 179. Therefore your answer is incorrect, and did not address my question which was "if business use of my vehicle drops below 100%, but stays above 50% in future years, will I have to repay (to my corporation) any portion of the reimbursement I received in 2019?
