2025 Luxury Auto Depreciation Limits

2025 Luxury Auto Depreciation Limits. Bonus depreciation, expensing limited for vehicles. The irs has set a limit on the depreciable value of luxury suvs and trucks, which can still provide some tax benefits.


2025 Luxury Auto Depreciation Limits

$9,800 for the third year. For new and used passenger autos placed in service in.

$16,400 For The Second Year.

$9,800 for the third year.

$20,200 For Year 1 If Bonus Depreciation Is Claimed.

$20,200 for year 1 if bonus depreciation.

2025 Luxury Auto Depreciation Limits Images References :

Luxury Autos (Passenger) In The Case Of Section 179 Property That's Also Coded As Listed.

Automobiles and other vehicles are subject to strict depreciation and expenses rules and limitations.

$19,200 For Year 1 If Bonus Depreciation Is Claimed.

$19,200 for year 1 if bonus depreciation is claimed.