Solved: My semi truck recieved repairs in 2018, if it improved my asset (truck). Then can that repair be written off as an expense under assets (179)?

My semi truck recieved repairs in 2018, if it improved my asset (truck). Then can that repair be written off as an expense under assets (179)?

Repair that improved or extended the life of the semi?

posted

Yes, if the repair improved the asset, your truck, then you can take a section 179 deduction for the expense.

Yes, if the repair improved the asset, your truck, then you can take a section 179 deduction for the expense.

My semi truck recieved repairs in 2018, if it improved my asset (truck). Then can that repair be written off as an expense under assets (179)?