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DOES PLUG IN ELECTRIC VEHICLE QUALIFY FOR DEPRECIATION AND SECTION EXPENSE DEDUCTION 179

Level 2
DOES TELSA  MODEL 3 VEHICLE QUALIFY FOR DEPRECIATION AND SECTION 179 EXPENSE DEDUCTION
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2 Replies 2
Level 15

Depreciation - yes to the extent of business use.

Section 179 - business use % if business use is >50% and subject to auto limits.


ex-AllStar
Level 2

Thank you, I figured it was and just wanted to make sure that electric vehicles are qualifier for depreciation and section 179 expense deduction.

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