SMALL BUSINESS TAX DEDUCTIONS SMALL BUSINESS TAX DEDUCTIONS

KEEP MORE OF WHAT YOU EARN

Drive away with more than a new vehicle. Select new Dodge Charger and Durango models may qualify for a deduction of up to 100% of the Total Purchase Price during the first year of purchase and use.

FIRST YEAR OWNERSHIP DEDUCTIONS


A Dodge vehicle may be considered Section 179 property or qualified property for purposes of Section 168(k) for US federal income tax purposes.

Depending on your tax situation and/or bonuses in play, this can mean that SUVs and Crossovers with a gross vehicle weight rating (GWVR) exceeding 6,000 pounds but no more than 14,000 pounds may be eligible for up to 100% of the purchase price when combined with a bonus during the first year of ownership, and when the vehicle is used exclusively for business purposes.

The vehicle should be placed in service before January 1, 2027, and also meet other conditions. Tax situations may vary for each individual. Federal rules and tax guidelines are subject to change. Consult your tax professional to determine your vehicle depreciation and tax benefits applicable to your business.

CALCULATE YOUR POTENTIAL DEDUCTION

See what your vehicle purchase could be worth at tax time. Use the First-Year Depreciation Calculator to estimate potential deductions for your business. Include the cost of qualifying upfits and complete all required fields.

BUSINESS MEETS VERSATILITY

Versatile, capable and ready for whatever the day demands. Discover the Dodge vehicle that can help your business go further.