The IRS allows you to depreciate an RV over five years. You can also use the section 179 deduction.
For more information about depreciating your RV, click the link below:
http://www.irs.gov/publications/p946/ix01.html In order to set up as a business asset, while logged in and working on your return:
- Click on My Account
- Click on Tools
- Click on Topic Search
- Type "Business Asset" in the search window and Click on Go
- Click "Edit" next to your business
- Scroll Down to Business Assets and Click on Start/Edit
- Continue with the interview to add an asset
