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§168(k) + §179 Heavy Vehicle Deduction

6,000+ lb SUV/truck — deduct nearly the full price year 1.

Overview

Vehicles with GVWR over 6,000 lbs used >50% for business qualify for §179 ($30,500 cap on SUVs in 2024) PLUS bonus depreciation on the remainder. A $150K G-Wagon can generate $100K+ in year-1 deductions. Watch personal use tracking and recapture on sale.

Best fit
S-corp / LLC ownersReal estate agentsContractorsConsultants
Estimated impact
$30K–$60K year-1 tax savings on qualifying vehicle

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