2025 Section 179 Limits For Light Vehicles

2025 Section 179 Limits For Light Vehicles. 179 Deduction 2025 Camila Wood Deduction Limits for 2025: Section 179 Deduction: Up to $31,300 for qualifying vehicles Other Section 179 Vehicles (GVWR over 14,000 pounds) Eligibility: Vehicles such as large trucks and buses with a GVWR exceeding 14,000 pounds

Bonus Depreciation: These vehicles qualify for 40% bonus depreciation in 2025 Learn limits like the $31,300 SUV cap & guidelines for trucks, vans & more.

Section 179 Tax Deduction How to Qualify Learn More

However, once total equipment purchases exceed $3,130,000, the deduction begins to phase out, and it is completely eliminated at $4,380,000. The aggregate annual limit for deductions in 2024 is $1,160,000, covering all qualifying equipment and vehicles purchased within the tax year Other Section 179 Vehicles (GVWR over 14,000 pounds) Eligibility: Vehicles such as large trucks and buses with a GVWR exceeding 14,000 pounds

2025 Section 179 Vehicle Limits Sean Ferguson. Businesses nearing this limit should consider deferring purchases to maximize long-term tax benefits. Note: This article provides an overview of the section 179 deduction

Section 179 Vehicle List 2025 Alli Abigael. Learn the $1,250,000 limit, $3.13M phase-out, 40% bonus depreciation & tax-saving tips. Specialized (Non‐Passenger) Vehicles: No special limit (treated like equipment) SUVs & Trucks >6,000 lbs GVWR: $31,300 max first‐year Section 179; remainder depreciated.