Property placed in service and disposed of in the same year. Repairs and replacements that do not increase the value of your property, make it more useful, or lengthen its useful life. Section 179 deduction. For more information, see Publication 946 . It explains what costs you can and cannot deduct, how to figure the deduction, and when to recapture the deduction.
Listed property is any of the following.
Most passenger automobiles. Most other property used for transportation. Any property of a type generally used for entertainment, recreation, or amusement. Certain computer and related peripheral equipment. You must follow additional rules and recordkeeping requirements when depreciating listed property.