Can I Write This Off?

Is suv over 6000 pounds a business expense?

TL;DR

An SUV over 6,000 pounds can be deductible as a business expense under certain conditions, primarily through Section 179 or bonus depreciation, but it must be used predominantly for business purposes.

Detailed Answer

To deduct the cost of an SUV over 6,000 pounds, it must be used more than 50% for business purposes. Under IRS Section 179, you can immediately expense up to a certain limit of the vehicle's cost, subject to an annual cap, which was $1,160,000 for 2023. Additionally, bonus depreciation allows for a 100% deduction of the remaining cost in the first year, but this is set to phase down in future years. The vehicle must be new to you, though it can be used. If the business use is less than 50%, you must use the straight-line depreciation method instead. Common misconceptions include assuming personal use qualifies or that any large vehicle automatically qualifies without meeting business-use requirements.

Where to Put It on the Tax Form

Schedule C, Line 13 for depreciation or Section 179 expense deduction.

Real World Example

A real estate agent purchases a new SUV weighing 6,500 pounds for $70,000. She uses it 80% for business, allowing her to deduct $56,000 using Section 179 and bonus depreciation in the first year.

Calculation Required

A calculation is required for this deduction.

Calculate the business-use percentage by dividing the business miles driven by the total miles driven. Apply this percentage to the vehicle's cost to determine the deductible amount.

Audit Risk & Documentation Tips

Moderate audit risk. Keep detailed mileage logs, purchase receipts, and documentation of business use. Maintain records for at least three years. Ensure personal use is minimal and well-documented to support the business-use claim.

IRS Reference

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

Relevant Industries

Real Estate AgentsContractorsConsultantsSales Professionals

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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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