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Article Date:
September 2013

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Impact of Death, Retirement, and Disability on the 179 Deduction



You operate your business as a proprietorship.


In 2011, you purchased for business use a pickup truck with a gross vehicle weight rating greater than 6,000 pounds. Asserting that you use the pickup 100 percent for business, you expensed the entire $35,000 cost.


Tax Question


What happens to that $35,000 expensed amount if you die, retire, or become disabled before the end of the depreciation period?




Section 179 deduction. The Section 179 deduction is simply depreciation in advance. This year, 2013, you can choose ... Log in to view full article.

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