What is the Section 179 deduction limit for vehicles in 2026?

For 2026, the Section 179 deduction allows businesses to deduct up to $1,250,000 in qualifying equipment, including vehicles. However, passenger vehicles have a separate cap (typically around $20,400 for the first year). SUVs and trucks over 6,000 lbs GVWR can qualify for a much higher deduction, up to $30,500 or more depending on the vehicle and bonus depreciation rules.