Bonus Depreciation Limits 2024
Bonus Depreciation Limits 2024. For 2023, businesses can take advantage of 80% bonus depreciation. This is down from 80% in 2023.
$20,400 (with bonus depreciation) or $12,400 (without bonus depreciation) year 2: It begins to be phased out if 2024 qualified asset additions exceed $3.05 million.
Bonus Depreciation Limits 2024. For 2023, businesses can take advantage of 80% bonus depreciation. This is down from 80% in 2023.
$20,400 (with bonus depreciation) or $12,400 (without bonus depreciation) year 2: It begins to be phased out if 2024 qualified asset additions exceed $3.05 million.