If you have taken the Mileage deduction for the vehicle on your Schedule C. part the deduction for the mileage include a portion for depreciation. The mileage depreciation amount for 2019 is $0.26.
To determine the prior depreciation, multiply the business miles driven in a year by the depreciation cents per mile. The deprecation amounts for the prior years are:
- 2018 - $0.25
- 2017 - $0.25
- 2016 - $0.24
- 2015 - $0.24
- 2014 - $0.22
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
