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If an exempt vehicle was placed in service after October 22, 2004, the AJCA of 2004 Section 910 limits the Section 179 expense portion of the depreciation. File Format: PDFAdobe Acrobat - View as HTML File Format: PDFAdobe Acrobat - View as HTML The $80000 expense must be capitalized -- that is, it can't be deducted using Section 179 because it is an improvement -- not a normal repair.. In addition, farm machinery is eligible for Section 179 expensing, MORPHINE - Online sometimes called "expense method A certain amount of the purchase cost of. File Format: PDFAdobe Acrobat

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