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Can you write off suv over 6000 pounds?

TL;DR

Yes, you can write off an SUV over 6,000 pounds under certain conditions using the Section 179 deduction.

Detailed Answer

The IRS allows businesses to deduct the cost of certain vehicles, including SUVs over 6,000 pounds, as a business expense under Section 179. However, the vehicle must be used more than 50% for business purposes. The deduction is limited to $28,900 for SUVs in 2023. Additionally, the total Section 179 deduction is subject to a maximum limit of $1,160,000 for all qualifying property, and the total amount of property placed in service cannot exceed $2,890,000. Vehicles that do not meet these criteria may still qualify for bonus depreciation.

Where to Put It on the Tax Form

Form 4562, Depreciation and Amortization

Real World Example

A real estate agent purchases an SUV weighing 6,500 pounds for $50,000 and uses it 80% for business. They can deduct $28,900 under Section 179 in the year of purchase.

Calculation Required

A calculation is required for this deduction.

Calculate the business use percentage of the vehicle and apply it to the cost to determine the deductible amount. Ensure it does not exceed the Section 179 limit for SUVs.

Audit Risk & Documentation Tips

Keep detailed mileage logs and receipts to substantiate the business use percentage. Maintain purchase documents and ensure the vehicle is titled in the business name if applicable.

IRS Reference

IRS Publication 946, IRS Code Section 179

Relevant Industries

Small BusinessReal EstateConstructionConsulting

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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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