- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
New Vehicle for Farm Use 60% Business Use first year then 30% thereafter
Hello I have purchased a new Pickup Truck (Over 6000lbs) that I expect to have 60% business use this year.
For years 2 through 5 I expect the percent of business use to be less than 50% most or all years.
How is the best way to handle?
I paid $34k for the truck and my AGI will be over $150+k this year and next
Thanks!
Topics:
‎December 17, 2020
3:53 PM