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Can you write off tax write off for vehicle over 6000 lbs?

TL;DR

Yes, you can write off a vehicle over 6,000 lbs as a business expense, but it must be used primarily for business purposes and meet specific IRS guidelines.

Detailed Answer

Vehicles over 6,000 lbs may qualify for a Section 179 deduction, allowing you to deduct the full purchase price in the year the vehicle is placed in service, provided it is used more than 50% for business. The vehicle must be purchased and used in the same tax year, and the deduction is subject to a maximum limit. If the vehicle is not used primarily for business, the deduction must be prorated based on the percentage of business use. For example, if a vehicle is used 70% for business, only 70% of the cost can be deducted. Additionally, luxury vehicle limits do not apply to vehicles over 6,000 lbs, but there is a cap on the deduction amount.

Where to Put It on the Tax Form

Schedule C, Line 13 for depreciation and Line 20a for car and truck expenses.

Real World Example

A real estate agent purchases a new SUV weighing 6,500 lbs for $60,000. The agent uses the vehicle 80% of the time for business. They can deduct $48,000 (80% of $60,000) under Section 179 in the year of purchase, assuming they meet all other requirements.

Calculation Required

A calculation is required for this deduction.

Calculate the business-use percentage of the vehicle by dividing the business miles driven by the total miles driven in the year. Multiply this percentage by the vehicle's purchase price to determine the deductible amount.

Audit Risk & Documentation Tips

Moderate audit risk. Keep detailed mileage logs, purchase receipts, and documentation proving the business use of the vehicle. Logs should include dates, miles driven, and purpose of each trip. Ensure personal use is clearly separated from business use.

IRS Reference

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

Relevant Industries

Real Estate AgentsContractorsConsultantsFreelancers

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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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