Bonus depreciation on vehicles
100% (2025+)
Is 100% Bonus Depreciation Back for Vehicles?
Short answer: Yes: 100% bonus depreciation is permanent again for property acquired after January 19, 2025, including business vehicles.
Passenger cars under 6,000 lbs are still limited by the luxury auto caps (about $20,000 in year one with bonus). Heavier vehicles can deduct the full business-use share.
Records to keep: Keep a contemporaneous mileage log (date, miles, business purpose), business-use percentage, the purchase contract, and a photo of the door-jamb GVWR sticker.
Bonus depreciation on vehicles
100% (2025+)
General Business
Yes: 100% bonus depreciation is permanent again for property acquired after January 19, 2025, including business vehicles.
Business justification
Yes: 100% bonus depreciation is permanent again for property acquired after January 19, 2025, including business vehicles. Passenger cars under 6,000 lbs are still limited by the luxury auto caps (about $20,000 in year one with bonus). Heavier vehicles can deduct the full business-use share.
Category
- Vehicles by Make & Model