Sport Utility Vehicles

Vehicles weighing less than 6,000 pounds are subject to the luxury automobile limits on depreciation. Sport Utility Vehicles (SUVs) weighing between 6,000 and 14,000 pounds are not subject to these limitations. Therefore, for SUVs placed in service up to until October 22, 2004, a business could deduct up to the maximum yearly Section 179 amount ($100,000 in 2003) for an SUV.

For SUVs placed in service 10/22/2004 and later the American Jobs Creation Act of 2004 limits the Section 179 expense that can be taken in a single year. The Tax Cuts and Jobs Act of 2017 increases the limit annually for inflation, starting with tax years beginning in 2019.

To enter an asset as an SUV, use property type Q, listed property. The table below displays the maximum amount of Section 179 that can be taken for an SUV.

Tax Year Beginning In	Maximum Section 179
10/22/2004 - 2018	$25,000
2019	$25,500
2020	$25,900
2021	$26,200
2022	$27,000
2023	$28,900
2024	$30,500
2025	$31,300
2026 and thereafter	To be indexed for inflation.