2025 Section 179 Limits For Light Vehicles . 179 Section 2024 Casey Cynthea Learn the $1,250,000 limit, $3.13M phase-out, 40% bonus depreciation & tax-saving tips. However, once total equipment purchases exceed $3,130,000, the deduction begins to phase out, and it is completely eliminated at $4,380,000.
IRS Section 179 Deduction in 2024 Vehicles Over 6000 lbs NexGen Taxes from nexgentaxes.com
However, once total equipment purchases exceed $3,130,000, the deduction begins to phase out, and it is completely eliminated at $4,380,000. Discover 2025 rules for Section 179 vehicle deductions
IRS Section 179 Deduction in 2024 Vehicles Over 6000 lbs NexGen Taxes Bonus Depreciation: These vehicles qualify for 40% bonus depreciation in 2025 1 Light vehicles are subject to specific first-year "luxury auto" depreciation deduction limits the IRS sets. Businesses nearing this limit should consider deferring purchases to maximize long-term tax benefits.
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