Cents per Mile: |
50 |
New Car Max Depr Amt |
New Truck Max Depr Amt |
Used Car Max Depr Amt |
Used Truck Max Depr Amt |
Depreciation: |
Depr % |
First Tax Year |
20% |
$11,060 |
$11,160 |
$3,060 |
$3,160 |
Second Tax Year |
32% |
$4,900 |
$5,100 |
$4,900 |
$5,100 |
Third Tax Year |
19.2% |
$2,950 |
$3,050 |
$2,950 |
$3,050 |
Fourth Tax Year |
11.52% |
$1,775 |
$1,875 |
$1,775 |
$1,875 |
Fifth Tax Year |
11.52% |
$1,775 |
$1,875 |
$1,775 |
$1,875 |
Sixth Tax Year |
5.76% |
$1,775 |
$1,875 |
$1,775 |
$1,875 |
Each Additional Tax Year |
|
$1,775 |
$1,875 |
$1,775 |
$1,875 |
|