The IRS announced that "New heavy SUV’s put
in service in 2011 are entitled to bigger tax breaks." The IRS stated
that 100% of their cost can be written off provided the vehicle is not
used for personal use.
The requirements for this deduction are that "the SUV’s must have a loaded gross weight over 6,000 pounds". This holds true for new pickup trucks. The $25,000 ceiling for expensing SUV’s does not apply if bonus depreciation is taken.
It is worth noting that used SUV’s/pickup trucks do not enjoy this deduction.
Source.
The requirements for this deduction are that "the SUV’s must have a loaded gross weight over 6,000 pounds". This holds true for new pickup trucks. The $25,000 ceiling for expensing SUV’s does not apply if bonus depreciation is taken.
It is worth noting that used SUV’s/pickup trucks do not enjoy this deduction.
Source.
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