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sapling.com
How Many Years Can You Depreciate a Vehicle on Your Taxes? | Sapling
Businesses can depreciate a vehicle over a five-year period. However, you may be able to expense up to 100 percent of the vehicle’s cost in the first year via Section 179 and a special depreciation allowance. The IRS MACRS rules allow you to depreciate the vehicle using various depreciation methods.
May 27, 2011
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