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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.
$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.