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Journal of Accountancy · Recently

IRS issues higher 2026 depreciation limits for passenger automobiles

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 IRS issues higher 2026 depreciation limits for passenger automobiles. Review and take action if applicable to your clients.

Summary

The IRS issued the 2026 depreciation limitations for passenger vehicles, including those for which bonus depreciation is applied.

Classification

Category: heads upPriority: action neededReason: Contains 'irs issues' - action may be required

Affected Groups

All tax practitioners

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

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