Vehicle depreciation limits - 2012
Answer:
New cars put in service in 2012 and used over 50% for business, bonus depreciation allows a $11,160 first year depreciation limit.
The limit is $3,160 if Bonus depreciation is not used.
Light trucks or Vans put in service in 2012 and used over 50% for business, bonus depreciation allows a $11,360 first year depreciation limit.
The limit is $3,360 if Bonus depreciation is not used.
The limit is $3,160 if Bonus depreciation is not used.
Light trucks or Vans put in service in 2012 and used over 50% for business, bonus depreciation allows a $11,360 first year depreciation limit.
The limit is $3,360 if Bonus depreciation is not used.
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