| Asset Description | Code | Date | Cost | Bus Use % | Section 179 | Special Depreciation Allowance | Depreciable Basis | Life | Method/Convention | Prior Depreciation | Current Depreciation |
| 2022 Kia Telluride | A | 07/30/2022 | 53,975 | 76.45 | | | 41,264 | 5.0 | 200DB/HY | 12,864 | 11,360 |
$12,864 prior depreciation was the Special Depreciation Allowance taken in 2022 when the asset was placed in service ($19,200 limit x 67% business use).
The depreciation table to use for 5.0 200DB/HY is Table 1. which shows 32% for the 2nd year. $41,264 x 32% = $13,204, not $11,360.
