2014 Depreciation Table

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