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REV. PROC. 2016-23 TABLE 1

DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES

(THAT ARE NOT TRUCKS OR VANS) PLACED IN SERVICE IN CALENDAR YEAR 2016 FOR WHICH THE §168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION APPLIES

Tax Year  Amount
1st Tax Year $11,160
2nd Tax Year $5,100
3rd Tax Year $3,050
Each Succeeding Year $1,875

 

REV. PROC. 2016-23 TABLE 2

DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE IN CALENDAR YEAR 2016 FOR WHICH THE §168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION APPLIES

Tax Year  Amount
1st Tax Year $11,560
2nd Tax Year $5,700
3rd Tax Year $3,350
Each Succeeding Year $2,075

 

REV. PROC. 2016-23 TABLE 3

DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES

(THAT ARE NOT TRUCKS OR VANS) PLACED IN SERVICE IN CALENDAR YEAR 2016 FOR WHICH THE §168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION DOES NOT APPLY

Tax Year  Amount
1st Tax Year $3,160
2nd Tax Year $5,100
3rd Tax Year $3,050
Each Succeeding Year $1,875

 

REV. PROC. 2016-23 TABLE 4

DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE IN CALENDAR YEAR 2016 FOR WHICH THE §168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION DOES NOT APPLY

Tax Year Amount
1st Tax Year $3,560
2nd Tax Year $5,700
3rd Tax Year $3,350
Each Succeeding Year $2,075

 

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