Section 179 Vehicles 2024 Limit

Section 179 Vehicles 2024 Limit. Section 179 vehicles for 2024. It must be used for business.


Section 179 Vehicles 2024 Limit

The maximum section 179 deduction of $1,220,000 for 2024 ($1,160,000 for 2023) is reduced dollar for dollar by the amount of section 179 property purchased during the year that exceeds $3,050,000 ($2,890,000 for. Bonus depreciation must be taken in.

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