For the latest developments related to Form 2106 and its instructions, such as legislation enacted after they were published, go to www.irs.gov/form2106.
Depreciation limits on vehicles. For 2013, the first-year limit on depreciation, special depreciation allowance, and section 179 deduction for most vehicles remains at $11,160 ($3,160 if you elect not to claim the special depreciation allowance). For trucks and vans, the first-year limit remains at $11,360 ($3,360 if you elect not to claim the special depreciation allowance). For more details, see the discussion under Section D – Depreciation of Vehicles, later.
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