@markorec wrote:
a vehicle into service in 2022
The tax law hasn't changed
Tax law did change.
In 2022 it was 100% Bonus depreciation. In 2023 it was 80% Bonus depreciation.
During 100% Bonus depreciation, the IRS created a special rule in Revenue Procedure 2019-13 to avoid that weird rule (otherwise there would be NO depreciation in years two through six).
If you want to test it out in the program, in your 2022 scenario with Bonus, add $1 of Section 179 (or use any amount of Section 179 and do NOT elect out of Bonus). You should see that there is NO depreciation for 2023 or 2024 (using Section 179 disqualifies the special rule that the IRS made).
https://www.irs.gov/pub/irs-drop/rp-19-13.pdf
