Vehicle limits: heavy SUV cap and luxury auto caps
get_vehicle_depreciation_limitsReturns the first-year write-off limits for a business vehicle by gross vehicle weight rating: passenger automobiles of 6,000 lb or less are held to the IRC 280F caps ($20,300 first year with bonus, $12,300 without, for 2026 per Rev. Proc. 2026-15; $20,200 / $12,200 for 2025 per Rev. Proc. 2025-16), heavy SUVs over 6,000 and up to 14,000 lb have a Section 179 cap of $31,300 (2025) or $32,000 (2026) with bonus depreciation for the rest, and vehicles over 14,000 lb or exempt designs have no vehicle cap. Applies the more-than-50% business use rule and scales by business use.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| cost | No | Vehicle cost in USD. | |
| gvwr_lbs | Yes | Gross vehicle weight rating in pounds (driver door sticker). | |
| tax_year | Yes | Year placed in service: 2025 or 2026. | |
| bonus_eligible | No | False if bonus depreciation is not taken (elected out). Default true. | |
| exempt_from_suv_cap | No | True for a 6,001-14,000 lb vehicle that seats more than nine behind the driver, has a cargo bed of at least 6 feet, or is an enclosed cargo van. | |
| business_use_percent | No | Business use share, 0-100. Default 100. |