Auto Limitation Today

Topic no. 510, Business use of car | Internal Revenue Service

The , often called the "luxury auto" rule by the IRS, refers to the maximum annual depreciation deduction you can claim for business-use vehicles. These limits prevent taxpayers from taking massive first-year write-offs on high-end passenger vehicles. auto limitation

For the , the IRS has updated these caps via Rev. Proc. 2026-15 . 2026 Depreciation Limits Topic no