Is Rivian R1S Tax Write Off 2021-2022? Learn How IRS requirements that allows you to get full (100%) Deduction of Rivian R1S
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Qualifies for all bonus
Weight is over 6000 using gvwr
My accountant actually owes one and it did
qualify. The GT does Pure and Touring don’t
GT gvwr is 6285
Lucid Air Gross Vehicle Weight
2023 Lucid Air Gross Vehicle Weight is 6283 lbs.
Hence, this vehicle Qualifies for the 6000 Pound or more requirement(Per IRS) and using a combination of Section 179 and Bonus Depreciation you can get 100% Deduction on a vehicle purchase price including Fees and Sales Taxes.