493611
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

ninnster
New Member

Can I deduct upgrades for my truck if they are business related? For example, truck bed liner and topper, rear sliding window so I can haul tools, lumber and keep dry.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies
IsabellaG
Expert Alumni

Can I deduct upgrades for my truck if they are business related? For example, truck bed liner and topper, rear sliding window so I can haul tools, lumber and keep dry.

Yes, those are depreciable capital improvements to your truck, and if you use your truck more than 50% for business, they are eligible for the Section 179 Deduction. You could elect to deduct their cost all in the first year rather than depreciate them.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
brtstax
New Member

Can I deduct upgrades for my truck if they are business related? For example, truck bed liner and topper, rear sliding window so I can haul tools, lumber and keep dry.

But what if I use the standard mileage deduction?

HelenC12
Expert Alumni

Can I deduct upgrades for my truck if they are business related? For example, truck bed liner and topper, rear sliding window so I can haul tools, lumber and keep dry.

If you're self-employed, no, you can't deduct or depreciate the upgrades if you're taking the standard mileage rate deduction. You have to choose between the standard mileage rate deduction or actual expense method.

 

Depreciation is included as part of the the standard mileage rate of 57.5 cents per mile. Depreciation is 27 cents of the 57.5 cents. 

If you're an employee, mileage is no longer deductible. See Can employees deduct commuting expenses like gas, mileage, fares, and tolls?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I deduct upgrades for my truck if they are business related? For example, truck bed liner and topper, rear sliding window so I can haul tools, lumber and keep dry.

Hi, 

How would you label the truck cap and rails improvements? would they be fixtures and furniture, equipment, or vehicle?  thank you

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question