Does the Chevrolet Silverado 2500HD Work Truck qualify for Section 179 expensing?

Yes. With a Gross Vehicle Weight Rating (GVWR) of 10,650 lbs, the Chevrolet Silverado 2500HD Work Truck exceeds the federal 6,000 lb threshold required under IRC Section 179.

How much can I write off for a Chevrolet Silverado 2500HD Work Truck in the first tax year?

For an acquisition price of $51,200 used 100% for qualifying business purposes, the total first-year deduction is $51,200, generating estimated cash tax savings of $17,920 at a 35% federal tax bracket.

GVWR 10,650 LBS (Qualified Heavy Vehicle)

Chevrolet Silverado 2500HD Work Truck Section 179 Deduction Model

Tax write-off schedule and bonus depreciation simulation for the Chevrolet Silverado 2500HD Work Truck (Heavy Duty Commercial Truck) under IRC Section 179.

Acquisition Parameters

Vehicle Purchase Price ($)

Tax Year

First-Year Deduction Outcome

Total First-Year Write-Off

$51,200

Estimated Tax Savings: $17,920

Net Effective Vehicle Cost

$33,280

Target Application

Ranchers, Industrial Cont

Commercial Fleet Section 179 Tax Playbook

Acquiring commercial fleet assets before bonus depreciation phases down? Download our IRS Form 4562 preparation worksheet and state disallowance guide.

Commercial Usage Tax Schedule (Chevrolet Silverado 2500HD Work Truck)

Business Use Cohort	Qualifying Basis	Section 179 Expensed	Bonus Depreciation	Estimated Cash Savings
100% Commercial Use	$51,200	$51,200	$0	$17,920
80% Commercial Use	$40,960	$40,960	$0	$14,336
50% Commercial Use (Min Threshold)	$25,600	$25,600	$0	$8,960

Multi-Dataset State Section 179 Conformity (Chevrolet Silverado 2500HD Work Truck)

Jurisdiction	State Expensing Cap	Bonus Depreciation	First-Year State Deduction	State Disallowance	Statutory Authority
California (CA)	$25,000	Disallowed (0%)	$25,000	$26,200	California Revenue and Taxation Code Section 17201 / FTB Pub 1001
Pennsylvania (PA)	$2,500,000	Disallowed (0%)	$51,200	$0	PA Department of Revenue Corporation Tax Bulletin 2018-01
Texas (TX)	$2,560,000	Conforms (20%)	$51,200	$0	Texas Tax Code Chapter 171
New York (NY)	$25,000	Disallowed (0%)	$25,000	$26,200	NY Tax Law Section 612(b)(8) / TSB-M-03(1)I
Florida (FL)	$2,560,000	Conforms (20%)	$51,200	$0	Florida Statutes Section 220.13
New Jersey (NJ)	$25,000	Disallowed (0%)	$25,000	$26,200	N.J.S.A. 54A:5-1 / GIT-9P