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CAUTION

Figuring your own MACRS deduction will generally result in a slightly different amount than using the tables.

48 Chapter 7 Depreciation, Depletion, and Amortization Publication 225 (2025)

What Is Listed Property?

Listed property is any of the following.

• Passenger automobiles weighing 6,000 pounds or less.

• Any other property used for transportation, unless it is an excepted vehicle.

• Property generally used for entertainment, recreation, or amusement.

• Certain aircraft.

Passenger automobiles. A passenger automobile is any 4-wheeled vehicle made primarily for use on public streets, roads, and highways and rated at 6,000 pounds or less of unloaded gross vehicle weight (6,000 pounds or less of gross vehicle weight for trucks and vans). It includes any part, component, or other item physically attached to the automobile or usually included in the purchase price of an automobile. Electric passenger automobiles are vehicles produced by an original equipment manufacturer and designed to run primarily on electricity.

Note: A truck or van that is a qualified nonpersonal use vehicle is not considered a passenger automobile. See Qualified nonpersonal use vehicles under Passenger Automobiles in chapter 5 of Pub. 946 for the definition of qualified nonpersonal use vehicles.

Do the Passenger Automobile Limits Apply?

The depreciation deduction (including the section 179 expense deduction) you can claim for a passenger automobile each year is limited. The passenger automobile limits are the maximum depreciation amounts you can deduct for a passenger automobile. They are based on the date you placed the vehicle in service. See chapter 5 of Pub. 946 for tables that show the maximum depreciation deduction for passenger automobiles. Also, see the Instructions for Form 4562.

For information about deducting expenses for the business use of your passenger automobile, see chapter 4 of Pub. 463.

Deductions for passenger automobiles ac- quired in a trade-in. Special rules apply in figuring the depreciation for a passenger automobile received in a like-kind exchange or involuntary conversion. See chapter 5 of Pub. 946 and Regulations section 1.168(i)-6(d)(3).