The maximum amount of depreciation including bonus depreciation on a passenger auto placed in service in 2015 is:

Question

The maximum amount of depreciation including bonus depreciation on a passenger auto placed in service in 2015 is:​

Quizplus · Accepted Answer

The maximum amount of depreciation including bonus depreciation on a passenger auto placed in service in 2015 is $11,160. This is because the maximum amount of depreciation for a new passenger auto is $3,160, but with bonus depreciation, the first-year limit increases to $11,160 (which is 50% of the initial $11,160 limit, and then subject to the maximum depreciation amount of $3,160).

The Maximum Amount of Depreciation Including Bonus Depreciation on a Passenger