Arthur uses a Chevrolet Suburban (GVWR 7,500 pounds)100% for business.He acquired and placed the vehicle in service in his business in January of the current year.The vehicle cost $65,000.The maximum deduction allowed this year is

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D)The vehicle weighs more than 6,000 GVWR so it is not subject to the auto limitations.The maximum deductions for year 1 include $25,000 Sec.179 expensing and $8,000 MACRS depreciation on the adjusted basis ([$65,000 - 25,000] × 20%).

Arthur Uses a Chevrolet Suburban (GVWR 7,500 Pounds)100% for Business