Biz Write-Offs LogoBiz Write-Offs

Buying a semi-truck

$80,000-$200,000

Can You Write Off Buying a Semi-truck?

Short answer: Yes: a semi over 6,000 lbs qualifies for full first-year write-off with Section 179 or 100% bonus depreciation.

Recapture applies if business use drops below 50% or you sell.

Records to keep: Keep receipts, 1099s or W-2s, a mileage log, and a note of the business purpose. W-2 employees should ask about employer reimbursement.