Bonus Depreciation 2024 Equipment Tax

Bonus Depreciation 2024 Equipment Tax. What types of equipment qualify for the section 179. Only certain types of qualified property are eligible for bonus depreciation.

 — 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. You can then deduct 60% of the remaining $200,000 ($500,000 − $300,000),.