Cents per Mile: |
54.5 |
Under 6,000 GVW Vehicle |
Over 6,000 GVW Vehicle |
Depreciation: |
Depr % |
First Tax Year |
20% |
$18,000 |
100% Bonus |
Second Tax Year |
32% |
$16,000 |
n/a |
Third Tax Year |
19.2% |
$ 9,600 |
n/a |
Fourth Tax Year |
11.52% |
$ 5,760 |
n/a |
Fifth Tax Year |
11.52% |
$ 5,760 |
n/a |
Sixth Tax Year |
5.76% |
$ 5,760 |
n/a |
Each Additional Tax Year |
|
$ 5,760 |
n/a |
|