Do luxury cars affect the computation of Section 179 deductions?

posted

Connect with an expert

1 Reply

Do luxury cars affect the computation of Section 179 deductions?

There are limits on the Section 179 deduction for automobiles. The limitation depends on the type, weight, and cost of the vehicle. Please see IRS Pub 946 for specific information for your vehicle.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post