The National Directory of Certified Public Accountants

Ask A CPA - 2016 Auto Depreciation Limits

2016-Automobile Depreciation Limit - Year 2 And After

In 2016, for passenger automobiles, the limits are $5,100 for the second tax year; $3,050 for the third tax year; and $1,875 for each successive tax year, If placed in service between 2006 and 2011 then the allowed amount is $1,775. If placed in service between 2004 and 2005 then the allowed amount is $1,675.

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