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Can you write off 6000 lb vehicle deduction?

TL;DR

Yes, you can potentially write off a vehicle over 6,000 pounds using the Section 179 deduction, but it must be used more than 50% for business purposes and meet other IRS requirements.

Detailed Answer

The Section 179 deduction allows businesses to deduct the full purchase price of qualifying equipment and vehicles purchased or financed during the tax year. Vehicles with a gross vehicle weight rating (GVWR) over 6,000 pounds but less than 14,000 pounds may qualify. The vehicle must be used more than 50% for business purposes to claim the deduction. However, there are limits on the amount you can deduct, and luxury auto limits may apply. For example, if a vehicle is used 70% for business, you can only deduct 70% of the cost. Additionally, the deduction cannot exceed the taxable income from the business. It's important to note that not all vehicles over 6,000 pounds qualify; for instance, certain SUVs have a cap on the deduction amount.

Where to Put It on the Tax Form

Schedule C, Line 13 for depreciation; Form 4562 for the Section 179 deduction.

Real World Example

A real estate agent purchases a new SUV with a GVWR of 6,500 pounds for $60,000. She uses it 80% of the time for business purposes. She can claim a Section 179 deduction on $48,000 (80% of $60,000) on her tax return.

Calculation Required

A calculation is required for this deduction.

To calculate the deduction, determine the percentage of business use by dividing business miles by total miles driven. Multiply the vehicle's cost by this percentage to find the deductible amount. Ensure it does not exceed the Section 179 limits.

Audit Risk & Documentation Tips

Moderate audit risk. Keep detailed mileage logs, purchase receipts, and records of business use. Document the business purpose of each trip and maintain records for at least three years. Ensure the vehicle's weight rating is documented to support eligibility.

IRS Reference

IRS Publication 946, How to Depreciate Property; IRC §179.

Relevant Industries

FreelancersReal Estate AgentsConsultantsConstructionDelivery Services

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Disclaimer: This is for informational purposes only and should not be construed as tax or legal advice. Always consult your tax advisor.

Page created on July 15, 2025

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