A. Yes. Normally, the Sec. 179 is limited by special rules for “luxury cars.” However, these limits do not apply to vehicles weighing more than 6,000 pounds, such as some heavy-duty SUVs. Nevertheless, the American Jobs Creation Act of 2004 capped the for qualified SUVs at $25,000.
Tip: Recent legislative proposals would eliminate this tax break altogether. If Congress wants to deter people from buying gas-guzzling SUVs, the $25,000 deduction could be in jeopardy.