IRS Section 179 Disagreement
08-01-2009, 03:25 PM
#1
Super Member
Thread Starter
IRS Section 179 Disagreement
The accountant says the R will qualify as the R320 has a GVWR of over 6,000. The dealer says, but it's a pasenger car. I trust the accountant more and also know that in 06 the original R had a GVWR of under 6000.
Has anyone used 179 on the business bought R-class?
Has anyone used 179 on the business bought R-class?
08-02-2009, 05:57 PM
#2
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2006 R500 Obs black. Keyless, comfort, trim, lighting, AMG sport, premium and rr seat ent. packages
It is not just the weight. To qualify the vehicle also has to be built on a truck chasis. Answer courtest the Grant Thorton US Master Tax Guide 2009.
08-03-2009, 07:42 PM
#3
Super Member
Thread Starter
Yeah, that's what they said, i just forgot to add that. since the R is built on the same chassis as the ML, i think i'm good. it's also listed on a few sites i've found with vehicles listed. THanks for the response.
08-06-2009, 09:46 PM
#4
Don't Go Counting Your Deductions Before They Hatch
The ML, R and GL are ALL Unibody based rather than the heavier duty and usually greater weight of the previous generation Body on Frame models. I am not a tax expert but I was under the impression that GVW was the sole determinant of eligibility for tax purposes rather than the type of chassis.
