
If you have purchased a vehicle for your business, here’s how
much you can deduct on your business tax return:
Year | With Bonus Depreciation | Without Bonus Depreciation |
1st Tax Year | $18,100 | $10,100 |
2nd Tax Year | $16,100 | $16,100 |
3rd Tax Year | $9,700 | $9,700 |
Each Succeeding Year | $5,760 | $5,760 |