Question
Proseries - Form 1040 - Schedule C - Car and Truck Expense Worksheet
Proseries seems to be computing both the Sec. 179 and bonus depreciation incorrectly. The total amount allowed for a luxury passenger auto under 6k is $20,200 for tax year 2025. Sec. 179 $12,200 and bonus at $8k. The system is computing $12,120 limit for either bonus or Sec. 179. This comes straight off the IRS website. Notice the asterisk for autos added in 2025. Has anyone else dealt with this?
able 2—Limits for Passenger Automobiles (including trucks and vans) Acquired After September 27, 2017, and Placed in Service Before 2026
| IF you placed your automobile in service: | AND the number of tax years in which this automobile has been in service is: | THEN the limit on your depreciation and section 179 expense deduction is: |
| Jan. 1–Dec. 31, 2018 | 3 | $9,600 |
| 4 or more | $5,760 | |
| Jan. 1–Dec. 31, 2019 | 3 | $9,700 |
| 4 or more | $5,760 | |
| Jan. 1–Dec. 31, 2020 | 3 | $9,700 |
| 4 or more | $5,760 | |
| Jan. 1–Dec. 31, 2021 | 3 | $9,800 |
| 4 or more | $5,860 | |
| Jan. 1–Dec. 31, 2022 | 3 | $10,800 |
| 4 or more | $6,460 | |
| Jan. 1–Dec. 31, 2023 | 3 | $11,700 |
| 4 or more | $6,960 | |
| Jan. 1–Dec. 31, 2024 | 2 | $19,800 |
| 3 | $11,900 | |
| Jan. 1–Dec. 31, 2025 | 1 | $12,200* |
| 2 | $19,600 | |
| * If you take the special depreciation allowance for qualified passenger automobiles acquired after September 27, 2017, and placed in service in 2025, the limit is $20,200. |
