Auto Depreciation Limits - 2016

Luxury automobile limitation - vans and trucks

There are higher annual "luxury automobile" depreciation limitations for vans and trucks than for other passenger automobiles. For this purpose, “vans and trucks” are passenger automobiles that are built on a truck chassis, including minivans and sport utility vehicles that are built on a truck chassis.

Need Professional Help?

If you need help with "Auto Depreciation Limits - 2016" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.