Section 179 Vehicle

[ryan0019]

Hi - what cars are eligible for the 2023 section 179 heavy weight business tax write-off?

[Mike9241]

Sport Utility and Certain Other Vehicles
You cannot elect to expense more than $27,000 of the
cost of any heavy sport utility vehicle (SUV) and certain
other vehicles placed in service in tax years beginning in
2022. This rule applies to any 4-wheeled vehicle primarily
designed or used to carry passengers over public streets,
roads, or highways that is rated at more than 6,000
pounds gross vehicle weight and not more than 14,000
pounds gross vehicle weight. However, the $27,000 limit
does not apply to any vehicle:
• Designed to seat more than nine passengers behind
the driver's seat;
• Equipped with a cargo area (either open or enclosed
by a cap) of at least 6 feet in interior length that is not
readily accessible from the passenger compartment;
or
• That has an integral enclosure fully enclosing the
driver compartment and load carrying device, does
not have seating rearward of the driver's seat, and has
no body section protruding more than 30 inches
ahead of the leading edge of the windshield.