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Asset Entry: Section 179 deduction and luxury auto limits

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Certain vehicles are subject to limitations by the IRS. When more than the limitation is entered for a vehicle which is subject to those limitations, the excess amount is disregarded by the program.

 

See the IRS instructions for Form 4562 for further information on automobile limitations.

 

 

 

 

 

Additional Information

 

Para obtener la versin en espaol de este artculo de Knowledge Base, haga clic aqu:Asset Entry: Deduccin de la Seccin 179 y lmites de automviles de lujo

Tags: federal,form