Free data seems to be hard to come by. One resource I've
found online (free) is from the State of South Dakota
setting out the useful lives to be used by counties and
municipalities when depreciating their assets.

The useful lives for trucks listed by South Dakota are:

Tractor, crawler 15
Tractors 10
Trailer, tilt top 20
Trailer, large semi 20
Truck, dump 10
Truck, light/medium 5
Truck, tandum 10

The document itself is at:
http://www.state.sd.us/legislativeau...Life_Table.pdf

Otherwise, you might check the accounting section of your
local library, they may have some reference materials on
useful lives, including industry standards.

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Arthur Kamlet wrote:
- quote -

Right. And since it is three years, that's generally too
short a time for effective tax strategy. I find using at
least 5 years for clients a better choice to spread out
deductions, and even 7 years at times.

ChEAr$,
Harlan Lunsford, EA n LA

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Wilecoyote <mwiley[at]mhcable.com> wrote:

- quote -

I seem to recall the cab itselk is 3 years. Like race horses :^)

--
Art Kamlet ArtKamlet [at] AOL.com Columbus OH K2PZH

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"Wilecoyote" <mwiley[at]mhcable.com> wrote:

- quote -

I believe there is.
I just don't recall the proper asset class offhand.

___________________________________
<<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <-----

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See IRS Pub 946.

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Was wondering if there is an industry standard in the
transportation industry of useful life of a tractor trailer.
I was looking for the Useful life of Book Depreciation if
that helps

Thanks in Advance

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