F
Frank
Can anyone clarify the conditions associated with the
possible Section 179 tax savings associated with the
purchase of an SUV over 6,000 LBS. GVWR? I am a full-time
employee using the vehicle for sales meetings (income
reported on a W2) and have side income reported on a 1099.
Do I qualify? What is the benefit? Is the benefit in 2003,
2004, or 2005? I'm considering the purchase of a laptop
computer as well (estimated cost of $1,000). I assume the
same benefit applies as well?
possible Section 179 tax savings associated with the
purchase of an SUV over 6,000 LBS. GVWR? I am a full-time
employee using the vehicle for sales meetings (income
reported on a W2) and have side income reported on a 1099.
Do I qualify? What is the benefit? Is the benefit in 2003,
2004, or 2005? I'm considering the purchase of a laptop
computer as well (estimated cost of $1,000). I assume the
same benefit applies as well?