Section 179 Lexus TX
Section 179 Tax Deduction
What is Section 179?
Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying vehicles and equipment used for business purposes in the year they are placed in service.
- Vehicle must be purchased and put into use during the same tax year.
- Used more than 50% for business purposes.
- Maximum deduction limit up to $1,250,000 for 2025.
Lexus Models That Qualify
The following Lexus SUVs commonly qualify for Section 179 deductions due to their size and business use eligibility:
- Lexus TX
- Lexus GX
- Lexus LX
Disclaimer
Earnhardt Lexus is not a tax professional. Consult a licensed tax advisor to determine eligibility.