EXT Vs. Avalanche Midgate ?

Thanks for the replies. The Cadillac website doesn’t talk about it like the Chevy website does. I just wanted to make sure. Has anyone successfully claimed a full 179 deduction for your EXT? Wonder if the IRS thinks this is a truck or suv?

Punmax said:

The EXT is listed as a sport utility truck.

Click to expand...

Listed where? Unless the IRS calls it a truck it doesn’t matter if everyone else does. I think the IRS definition states that a truck has to have a 6' cargo area that is not easily accessible from the passenger compartment "truck bed" But the bed of a EXT isn’t 6' unless the midrate is open, then the bed is easily accessible from the passenger compartment, so I'm not sure it’s going to work. I need to call my CPA, but thought I would see if anyone else had done it or not.

Punmax said:

The EXT is listed as a sport utility truck.

Click to expand...

Listed where? Unless the IRS calls it a truck it doesn’t matter if everyone else does. I think the IRS definition states that a truck has to have a 6' cargo area that is not easily accessible from the passenger compartment "truck bed" But the bed of a EXT isn’t 6' unless the midrate is open, then the bed is easily accessible from the passenger compartment, so I'm not sure it’s going to work. I need to call my CPA, but thought I would see if anyone else had done it or not.

Just got the word from my CPA. Any suv that weighs more than 6k gvw will qualify up to $25K. SUV's have a max deduction of $25K. However any truck that has a bed and weighs more than 6K is deductible up to $250K. SO I can buy a brand new EXT and write off the full amount as a 179 deduction!!!! Not saying I am going to do this, but I did write off 25K for my escalade a few years ago. I am trying to get more of break this year. Thanks for all the posts.