Auto Limitation Apr 2026

For the , the IRS has updated these caps via Rev. Proc. 2026-15 . 2026 Depreciation Limits

These figures apply to passenger automobiles (including light trucks and vans) weighing . If Bonus Depreciation is Claimed If Bonus Depreciation is NOT Claimed 1st Year $20,300 $12,300 2nd Year $19,800 $19,800 3rd Year $11,900 $11,900 Subsequent $7,160 $7,160 Key Rules & Strategies auto limitation

Topic no. 510, Business use of car | Internal Revenue Service For the , the IRS has updated these caps via Rev