Can freelancers deduct suv over 6,000 lbs?

The cost of an SUV over 6,000 lbs can be deducted under Section 179, which allows for an immediate expense deduction of up to $28,900 (as of 2023) for vehicles used more than 50% for business. The remaining cost can be depreciated over subsequent years. However, the vehicle must be used primarily for business, and personal use must be excluded from the deduction calculation. If the business use falls below 50%, the deduction may be recaptured. SUVs that qualify must have a gross vehicle weight rating (GVWR) over 6,000 lbs but not exceed 14,000 lbs. For example, a freelance photographer who uses the SUV for transporting equipment to shoots can deduct the cost proportionate to business use.