Publication 3991 |
2001 Tax Year |
Chapter 4 Car Expenses
If you purchased a car after September 10, 2001, for use in your business (or
as an employee) and figure your deductible expenses using the actual car expense
method, new law contains provisions that may affect your depreciation deduction
for that car.
Publication 463, Travel,
Entertainment, Gift, and Car Expenses, contains information on figuring
depreciation on your car. However,
Publication 463 does not contain the new provisions because it was printed
before the law was enacted. The new provisions are in the Supplement to
Publication 463, which is
reprinted below.
Supplement to Publication 463 Travel, Entertainment, Gift, and Car
Expenses
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