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Table 3 for a passenger automobile (other than a truck or van), and Table 4 for a truck

or van, placed in service in calendar year 2011 for which the § 168(k) additional first

year depreciation deduction does not apply. The Service intends to issue additional

guidance addressing the interaction between the 100 percent additional first year

depreciation deduction and § 280F(a) for the taxable years subsequent to the first

taxable year.

REV. PROC. 2011-21 TABLE 1

DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES (THAT ARE NOT TRUCKS OR VANS) PLACED IN SERVICE IN CALENDAR YEAR 2011 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION APPLIES

Tax Year

Amount

1st Tax Year

$ 11,060

2nd Tax Year

$ 4,900

3rd Tax Year

$ 2,950

Each Succeeding Year

$ 1,775

REV. PROC. 2011-21 TABLE 2

DEPRECIATION LIMITATIONS FOR TRUCKS AND VANS PLACED IN SERVICE IN CALENDAR YEAR 2011 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION APPLIES

Tax Year

Amount

1st Tax Year

$ 11,260

2nd Tax Year

$ 5,200

3rd Tax Year

$ 3,150

Each Succeeding Year

$ 1,875

REV. PROC. 2011-21 TABLE 3

DEPRECIATION LIMITATIONS FOR PASSENGER AUTOMOBILES (THAT ARE NOT TRUCKS OR VANS) PLACED IN SERVICE IN CALENDAR YEAR 2011 FOR WHICH THE § 168(k) ADDITIONAL FIRST YEAR DEPRECIATION DEDUCTION DOES NOT APPLY

Tax Year

Amount

1st Tax Year

$ 3,060

2nd Tax Year

$ 4,900

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