Stats and Demographics for the 37918 ZIP Code. ZIP code 37918 is located in Tennessee and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly less than average population density. The people living in ZIP code 37918 are primarily white.tats and Demographics for the 37918 ZIP Code. ZIP code 37918 is located in Tennessee and covers a slightly less than average land area compared to other ZIP codes in the United States. It also has a slightly less than average population density. The people living in ZIP code 37918 are primarily white.
Claim a depreciation deduction for a company car on your business income taxes. Comstock/Comstock/Getty Images. When you use a car for your company, the Internal Revenue Service allows you to depreciate the car and write off the expense on your income taxes.
If you use your car more than 50% in qualified business use in the tax year it is placed in service but the business use drops to 50% or less in a later year, you can no longer use an accelerated depreciation method for that car.our adjusted basis in the car is also increased by $1,810. Your 2014 depreciation is $1,230 ($20,500 (unadjusted basis) Ã 30% (business use percentage) Ã 20% (from column (c) of Table 4-1 on the line for Jan. 1âSept. 30, 2010)). However, your depreciation deduction is limited to $533 ($1,775 x 30% business use).