Toyota bZ (bZ4X)
$38,000-$50,000
Can You Write Off Toyota bZ?
Short answer: Partly: Toyota's compact EV is capped like a car; deduct only business use.
Under 6,000 lbs GVWR it's a passenger car, so first-year depreciation is capped at roughly $20,000 with bonus depreciation for 2026, and only the business-use share counts; the 72.5¢ mileage rate is the simpler option. The federal EV credit ended for vehicles acquired after September 30, 2025.
Records to keep: Keep the purchase contract, the door-jamb GVWR sticker photo, and a mileage log showing business vs personal miles.
Toyota bZ (bZ4X)
Typical range: $38,000-$50,000
General Business
Partly: Toyota's compact EV is capped like a car; deduct only business use.
Business justification
Partly: Toyota's compact EV is capped like a car; deduct only business use. Under 6,000 lbs GVWR it's a passenger car, so first-year depreciation is capped at roughly $20,000 with bonus depreciation for 2026, and only the business-use share counts; the 72.5¢ mileage rate is the simpler option. The federal EV credit ended for vehicles acquired after September 30, 2025.
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