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bobb1
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Want to purchase new pickup truck for co. in 2017. Is it best to use section 179 or take depr. for 5 years

 
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Want to purchase new pickup truck for co. in 2017. Is it best to use section 179 or take depr. for 5 years

Let me add that you need to consider what your expected tax bracket will be over the next few years; how long you expect to keep the vehicle, etc.. This may be hard because of potential changes in Federal tax law for 2017 and forward.

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Want to purchase new pickup truck for co. in 2017. Is it best to use section 179 or take depr. for 5 years

Will this be used solely for your business?
<a rel="nofollow" target="_blank" href="http://www.nolo.com/legal-encyclopedia/section-179-what-every-business-owner-needs-know.html">http:/...>

Want to purchase new pickup truck for co. in 2017. Is it best to use section 179 or take depr. for 5 years

bobb1
New Member

Want to purchase new pickup truck for co. in 2017. Is it best to use section 179 or take depr. for 5 years

Thank you for your reply.  I will look at all option you have given.  Once again THANK YOU!!

Want to purchase new pickup truck for co. in 2017. Is it best to use section 179 or take depr. for 5 years

Let me add that you need to consider what your expected tax bracket will be over the next few years; how long you expect to keep the vehicle, etc.. This may be hard because of potential changes in Federal tax law for 2017 and forward.

bobb1
New Member

Want to purchase new pickup truck for co. in 2017. Is it best to use section 179 or take depr. for 5 years

Thank you
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