Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are the new depreciation rules on business trucks or vans less than 6,000 pounds gross loaded vehicle weight?

0
Posted

What are the new depreciation rules on business trucks or vans less than 6,000 pounds gross loaded vehicle weight?

0

Trucks and vans bought this year. For the first time, trucks and vans subject to the “luxury auto” rules have separate depreciation dollar limits. Trucks and vans are defined as passenger autos that are built on a truck chassis and include minivans and sport-utility vehicles (SUVs) that are built on a truck chassis.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123