2012 Depreciation Table

Cents per Mile 55.5 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% $11,160 $11,360 $3,160 $3,360
Second Tax Year 32% $5,100 $5,300 $5,100 $5,300
Third Tax Year 19.2% $3,050 $3,150 $3,050 $3,150
Fourth Tax Year 11.52% $1,875 $1,875 $1,875 $1,875
Fifth Tax Year 11.52% $1,875 $1,875 $1,875 $1,875
Sixth Tax Year 5.76% $1,875 $1,875 $1,875 $1,875
Each Additional Tax Year   $1,875 $1,875 $1,875 $1,875