Stephen B. Jordan, EA

Stephen B. Jordan, EA

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Federal Tax Table 20XX - 20XX

 

Depreciation/§179 2014 2015 2016 2017
Depreciation limits        
  1st year cap (New):        
Bonus Depr (Add'l 50%)        
      Automobiles 11,160 11,160 11,160 11,160
      Trucks & Vans 11,460 11,460 11,560 11,560
  1st year cap (Used):        
No Bonus (Standard)        
      Automobiles 3,160 3,160 3,160 3,160
      Trucks & Vans 3,460 3,460 3,560 3,560
  2nd year limit        
      Automobiles 5,100 5,100 5,100 5,100
      Trucks & Vans 5,500 5,600 5,700 5,700
  3rd year limit        
      Automobiles  3,050 3,050 3,050 3,050
      Trucks & Vans 3,350 3,350 3,350 3,450
  4th etc year limit        
      Automobiles 1,875 1,875 1,875 1,875
      Trucks & Vans 1,975 1,975 2,075 2,075
Code §179 Vehicle Expensing - 1st year        
SUV limit (per vehicle) 25,000 25,000 25,000 25,000