topic Re: Section 179 Deduction in Deductions & credits

Section 179 Deduction

ronnie_gt — Wed, 11 Feb 2026 10:25:43 GMT

I'm in the process of purchasing a business vehicle for 2024 and want to use the section 179 deduction for the full price. From IRS, there is a $28900 limit unless you meet the following criteria (there are others, but this is the one I'm attempting to use).

Equipped with a cargo area (either open or enclosed by a cap) of at least 6 feet in interior length that is not readily accessible from the passenger compartment.

My question: Is this a combined limit of all cargo space, or just a single one? My vehicle is the Silverado EV and it has a bed length of 5'11" and a frunk that is about 1'. Does this vehicle qualify based on the criteria?

Re: Section 179 Deduction

Anonymous_ — Fri, 27 Sep 2024 23:31:21 GMT

I wouldn't call this authoritative but

https://www.mooreschevrolet.com/what-trucks-qualify-for-section-179

Re: Section 179 Deduction

ronnie_gt — Mon, 30 Sep 2024 20:34:59 GMT

I've seen several of these chevy sites and have contacted a couple to hopefully get a clear answer, but the specific vehicle I'm looking at does not fall under any of the criteria lists. I've been told by them to "consult my tax professional". Hopefully we can get a clearer answer here.