Discussion:Heavy truck depreciation
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| Revision as of 22:26, 26 December 2005 Ninyap (Talk | contribs) (New Discussion) ← Previous diff |
Revision as of 14:15, 27 December 2005 Mshelden (Talk | contribs) Next diff → |
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| + | {{ForumReplyPost|UserID=Mshelden|Date=December 27, 2005|Text=Some questions to consider: | ||
| + | Is its "loaded gross vehicle weight" greater than 6000 lbs? (there's a list somewhere that shows what make and model of trucks weigh, I assume a F-250 does weigh more than 6000) | ||
| + | Does it fall above the SUV limit? (interior cargo bed of less than 6 feet?) | ||
| + | Is it used more than 50% for business? | ||
| + | If these are yes, than you should be able to take a 179 ded. for the whole amount.}} | ||
Revision as of 14:15, 27 December 2005
Discussion Forum Index --> Tax Questions --> Heavy truck depreciation
| 26 December 2005 | |
| Can an S-corp take a sec. 179 on a heavy truck, specifically 2006 Ford F250 purchased in 2005 for $58,100; and if so, is there a limit on this deduction?
Thanks, Bean | |
| December 27, 2005 | |
| Some questions to consider:
Is its "loaded gross vehicle weight" greater than 6000 lbs? (there's a list somewhere that shows what make and model of trucks weigh, I assume a F-250 does weigh more than 6000) Does it fall above the SUV limit? (interior cargo bed of less than 6 feet?) Is it used more than 50% for business? If these are yes, than you should be able to take a 179 ded. for the whole amount. | |
