However, for property placed in service in 2006, the amount of the deduction otherwise allowable must still be reduced by 75 ... Sole proprietors enter the deduction on Schedule C or Schedule F on the line designated for aquot;Other expenses. ... vehicles qualified for the full deduction allowed under the law: the Toyota Prius, the Honda Insight, and the Honda Civic Hybrid. ... have been limited to a deduction of $1, 500 due to the start of the phaseout will now qualify for a deduction of $2, 000.
|Title||:||Working Families Tax Relief Act of 2004|