If a new luxury automobile is used 100% for business and placed in service in 2019,the maximum MACRS depreciation on the vehicle for 2019 is $18,100.

Name: If a new luxury automobile is used 100% for business and placed in service in 2019,the maximum MACRS depreciation on the vehicle for 2019 is $18,100.
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Quizplus · Accepted Answer

This is true for a luxury automobile that weighs over 6,000 pounds and is used 100% for business, as it falls under the bonus depreciation rules for 2019.

If a New Luxury Automobile Is Used 100% for Business