2024 Bonus Depreciation Rate List . Starting on january 1 st, 2023, for assets placed in service during the following periods, the bonus depreciation percentage will decrease in the following manner: The remaining $4,000 will be depreciated in future years according to.
This means businesses will be able to write off 60% of the cost of eligible assets in the first year that the assets are. You can deduct the $300,000 on your corporation’s 2024 federal income tax return.
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