Sec 179 auto vs SMR

[gman]

Client is contemplating purchasing an auto that would qualify for sec 179 write off.
Has been using smr on old auto. If the new auto is purchased for business
prior to year end, can the sec 179 be used??

Thanks for your thoughts

[Joe Btfsplk]

Sec 179

The maximum Sec 179 deduction for vehicles with GVWR in xs of 6000 lbs is limited to $ 25,000 for SUVs placed in service after Oct 22,2004.

Use of smr for previous vehicles would not prevent using Sec 179 or depreciation on a new vehicle.

[Bees Knees]

Section 179 is OK if business use is more than 50%. But keep in mind if the gross vehicle weight is under 6,000 lbs., total depreciation including section 179 in the first year is limited to $2,960 for cars and $3,260 for trucks and vans, multiplied by the business use percentage.