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100 Alexandria Pike Directions Ft Thomas, KY 41075

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Section 179 Commercial Tax

 

THE DETAILS
Now is the time to purchase the additional vehicle(s) needed for your business. Current tax regulations may allow you to expense up to 100% of your truck purchase(s) during the first year of ownership.


SECTION 179 FIRST-YEAR EXPENSING
A Ram® truck is generally considered Section 179 property for U.S. Federal Income Tax purposes. This means a taxpayer may elect to treat the cost of any Section 179 property as an expense, allowed as a deduction for the taxable year in which the property is placed in service. A qualifying business may expense up to $500,000 of Section 179 property during 2016.

Consult your tax professional to determine your vehicle depreciation and tax benefits.

 




 
ELIGIBLE VEHICLES  
RAM 1500 Crew Cab 5'7" Box
RAM ProMaster® City Cargo Van
 
ELIGIBLE VEHICLES

                                RAM 1500 Reg Cab
                                RAM 1500 Quad Cab
                                RAM 1500 Crew Cab 6'4" Box
                                RAM 2500
                                RAM 3500
                                RAM Chassis Cab 3500
                                RAM Chassis Cab 4500
                                RAM Chassis Cab 5500
                                RAM ProMaster® 1500
                                RAM ProMaster® 2500
                                RAM ProMaster® 3500 
 
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