Tax Elegibility Question
Thank you for your prompt answer. My impulsive son is chomping at the bit to buy a new truck and I told him to find out for sure if the shortest beds were eligible if he intends to utilize that writeoff.
Not sure for 2011 but in the past the 6'+ bed allowed the Sec179 to be used for full purchase price(if using truck for 100% business) where under a 6' bed was capped at $25k(I think) for the write-off.
I just bought another 6.5' bed because I liked it so much after buying initially for tax benefits.
I just bought another 6.5' bed because I liked it so much after buying initially for tax benefits.


