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Section 179 Deductions for Commercial Vehicles: What to Know in 2026

As 2026 draws to a close, businesses planning to purchase a work truck, commercial van, or company SUV have an important deadline to consider. Section 179 of the IRS tax code allows eligible businesses to deduct qualifying vehicle expenses during the year a vehicle is purchased and placed into service. However, completing a purchase before the end of December doesn't guarantee eligibility for this year's deduction.

 

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