The 2010 Tax Relief Act extended and expanded additional first-year depreciation to equal:… 100% of the cost of qualified property placed in service after Sept. 8, 2010 and before Jan. 1, 2012 (before Jan. 1, 2013 for certain longer-lived and transportation property); and .. 50% of the cost of qualified property placed in service after Dec. 31, 2011 and before Jan. 1, 2013 (after Dec. 31, 2012 and before Jan. 1, 2014 for certain longer-lived and transportation property). (Code Sec. 168(k)(5), as amended by Act Sec. 401(a)) . Keep in mind you can always use section179 to write off used items. If we can help you navigate these rules, give us a call at 407-478-4020.