So my understanding of 179 deduction that you can take the full bonus depreciation of a 6000 lb+ large car/van/truck in the year it was purchased
I bought a van for 60k on october 20.20222. I used it all for business starting the day after October 21. 2022.
We didn't drive it much first year and only had 595 miles at the end of the year. When i put this into business vehicle section in turbotax, it gives me the standard mileage deduction is higher since my miles are so low.
Weird thing is if I put the purchase date and business usage date as January 1 2022, it gives me the bonus depreciation. If i put it to when i actually got the vehicle, it won't.
