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Old 10-28-2017, 03:13 PM
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Join Date: Oct 2017
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Section 179 $25,000 SUV Deduction

Hello and thank you for such a great tax resource.

I purchased a used SUV for $25,000 this year.
I will use it 100% for business use this year.
Next year and the following years I may use it for business 75% to 85% of the time.

What will happen if I take the full $25K Section 179 SUV deduction this year; and then... Next year I use it only 80% for business use?

Will I then owe taxes?

Please advise,

BH Realty



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