2024 Bonus Depreciation Amount 2024. By doing nothing, you’ll automatically claim 60% bonus depreciation on your 2024 tax return for property. The bill delays the beginning of the phaseout of 100% bonus depreciation from 2023 to 2026.


2024 Bonus Depreciation Amount 2024

By doing nothing, you’ll automatically claim 60% bonus depreciation on your 2024 tax return for property. The tcja raised the limit for capital expense deductions from $500,000 to $1 million for the 2018 tax year, with limits in the following years adjusting for inflation.

2024 Bonus Depreciation Amount 2024 Images References :