Cents per Mile: |
56 |
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 |
$11,460 |
$3,160 |
$3,460 |
Second Tax Year |
32% |
$5,100 |
$5,500 |
$5,100 |
$5,500 |
Third Tax Year |
19.2% |
$3,050 |
$3,350 |
$3,050 |
$3,350 |
Fourth Tax Year |
11.52% |
$1,875 |
$1,975 |
$1,875 |
$1,975 |
Fifth Tax Year |
11.52% |
$1,875 |
$1,975 |
$1,875 |
$1,975 |
Sixth Tax Year |
5.76% |
$1,875 |
$1,975 |
$1,875 |
$1,975 |
Each Additional Tax Year |
|
$1,875 |
$1,975 |
$1,875 |
$1,975 |
|