The Supposed SUV Deduction
Quite the debate in comments about my original post below. The debate stems from people saying the article merely points out people are using the deduction for SUVs. If that were the case, the title would say just that. The article refers to it specifically as the SUV tax break. It’s not. From IRS Form 4562 (the form you take this deduction on) it lists: automobiles, certain other vehicles, cellular telephones, certain computers, and property used for entertainment, recreation, or amusement. The amounts of course vary depending on the type of equipment. People will abuse the tax system (good for them, they deserve to benefit) but given the recent trend in demonizing SUVs, I find it interesting.
