2024 Section 179 Limits Vehicles

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2024 Section 179 Limits Vehicles. For 2024, the maximum section 179 deduction is $1,220,000 ($1,160,000 for 2023). It must be used for business.


2024 Section 179 Limits Vehicles

In 2024, the section 179 deduction limit has been raised to $1,220,000 (an increase of $60,000 from 2023). It must be used for business.

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