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  #13  
Old 03-06-2013, 10:13 AM
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Thumbs up Re: Section 179 tax credit

I did that with my 05 WK for business nice tax credit.
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Old 03-06-2013, 12:23 PM
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This deduction is going to apply to very few people. The car has to be used 50% or more for business. And no that doesnt include to and from work. You can also only deduct the actual percentage used to arrive at the amount.. so much less than the 25k allowed.

Most people buying this Jeep arent buying it for business. Those that try to deduct are going to be in trouble when the auditor comes...


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Old 03-06-2013, 12:41 PM
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Re: Section 179 tax credit

Do you have to buy it under the business or does it also work if you own a business and you purchase the vehicle as a private person? Just to clarify, when I say owning a business, I mean a business that is incorporated, NOT a DBA (doing business as). The vehicle would be used for both business and pleasure. Thanks.
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