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You would list it under the depreication section. The deduction is called a Section 179. You may take up to 100% of the cost in the first year if you qualify. If you dispose of the vehicle befor its five year life has ended, you will have to recapture a portion of the deduction you took in advance.
You would list it under the depreication section. The deduction is called a Section 179. You may take up to 100% of the cost in the first year if you qualify. If you dispose of the vehicle befor its five year life has ended, you will have to recapture a portion of the deduction you took in advance.
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