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gulbranson5
New Member

Can i take a section 179 deduction on a vehicle purchased if self employed

I'd like to deduct the entire amount this year to offset the sale of another vehicle, they are not replacement for each other.
1 Reply
Cattlerancher
New Member

Can i take a section 179 deduction on a vehicle purchased if self employed

If you use the vehicle in your business and purchased it in 2016 you can use section 179. It can only be used in the year of purchase.

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