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|
2003 Tax Aspects of Auto Leasing 30% Bonus Depreciation
(Prior to May 6, 2003) |
|
Depr % |
New Car Max Depr Amt |
New Truck Max Depr Amt |
Used Car Max Depr Amt |
Used Truck Max Depr Amt |
| Depreciation: |
|
First Tax Year |
20% |
$7,660 |
$7,960 |
$3,060 |
$3,360 |
|
Second Tax Year |
32% |
$4,900 |
$5,400 |
$4,900 |
$5,400 |
|
Third Tax Year |
19.2% |
$2,950 |
$3,250 |
$2,950 |
$3,250 |
|
Fourth Tax Year |
11.52% |
$1,775 |
$1,975 |
$1,775 |
$1,975 |
|
Fifth Tax Year |
11.52% |
$1,775 |
$1,975 |
$1,775 |
$1,975 |
|
Sixth Tax Year |
5.76% |
$1,775 |
$1,975 |
$1,775 |
$1,975 |
|
Each Additional Tax Year |
|
$1,775 |
$1,975 |
$1,775 |
$1,975 |
|
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