2019 auto depreciation limits - Spidell

2019 auto depreciation limits


The Tax Cuts and Jobs Act changed the auto depreciation dollar limitation amounts. California does not conform to the new federal limitations. For automobiles placed in service in 2019, the California dollar limitations are:

California auto depreciation limits
Tax year Passenger autos Trucks and vans
1st $3,258 $3,670
2nd $5,155 $5,877
3rd $3,041 $3,454
Succeeding years $1,830 $2,139

California also does not conform to the changes to the auto lease inclusion amounts made by the TCJA.