Section 179 and Loan Payment

[jwhiteuwc]

What is the name of your state (only U.S. law)? Wisconsin
If I took a Section 179 deduction for a purchase of a new Vehicle for the business in 2012, can I deduct the loan payments in the upcoming years i.e. this year and until the vehicle is payed off as an expense?

I would assume not, but just wanted to make sure.

 

[davew128]

The loan payments aren't deductible under any circumstance. The interest would be...on a business vehicle.