Listed Property for Depreciation Purposes

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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 (including photographic, phonographic, communication, and video-recording equipment)
  • Computers and related peripheral equipment, unless used only at a regular business establishment and owned or leased by the person operating the establishment. A regular business establishment includes a portion of a dwelling unit that is used both regularly and exclusively for business

Beginning in 2010 a cellular telephone (or similar telecommunication equipment) is no longer considered listed property.


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