2024 Bonus Depreciation Percentages

2024 Bonus Depreciation Percentages. The tcja allows businesses to immediately deduct 100% of the cost of eligible property in the year it is placed in service, through 2022. For vehicles under 6,000 pounds in the tax year 2023, section 179 allows for a maximum deduction of $12,200 and bonus depreciation allows for a maximum of.


2024 Bonus Depreciation Percentages

Extension of 100% bonus depreciation. This is down from 80% in 2023.

2024 Bonus Depreciation Percentages Images References :