Tax Guru-Ker$tetter Letter
Sunday, December 24, 2006
SUV Weight Rules Haven't Changed
Q:
Subject: Section 179I read your article which states that as of Oct 2004, the maximum amount that can be claimed for SUV's weighing between 6,000 and 14,000 pounds is $25,000. Has this law changed for 2006? I'm hearing conflicting stories that the vehicle has to weigh no less than 14,000 pounds in order to take the deduction of $25,000.Can you please clarify?
A:
That particular provision has not changed and is still in effect for as long as Section 179 is.
Kerry Kerstetter
Labels: 179