2024 Section 179 Vehicle Limit. For 2024, vehicles with a gvw of more than 6,000 pounds but no more than 14,000 pounds (often large suvs) are eligible for section 179 expensing, though the maximum deduction is. The maximum section 179 deduction is reduced dollar for dollar by the amount of.
For the tax year 2024, the maximum section 179 deduction is $30,500 ($28,900 in 2023) for heavy suvs with gross vehicle weight from 6,001 pounds but not more than 14,000 pounds. The maximum section 179 deduction is $1,220,000 for 2024 ($1,160,000 for 2023).
