Sec 179 expense for 75% use vehicle >6,000 lbs

First, if sec 179 expense limit is $25,000 for a vehicle with GVW over 6,000 lbs, and the vehicle is only 75% business use, would the sec 179 expense limit be $18,750 (75% of $25,000)?

Secondly, when entering sec 179 expense in ProSeries Professional Edition, I do not get any errors if I enter amounts greater than $25,000 in the sec 179 expense field.  I would have expected the program to know the limits and/or apply the 75% limitation if it applies, based on the business use specified in the asset worksheet.

Can anyone address either question?

Thanks for your help.

Answer

 What is the total cost of the vehicle?  That will make a difference in the amount the program will allow for the Sec 179 expense, with 75% business use.

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Deb
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