2024 Bonus Depreciation Rules For Cars

2024 Bonus Depreciation Rules For Cars. 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. (it was 80% in calendar year.


2024 Bonus Depreciation Rules For Cars

Year 4 and beyond $7,160 until fully depreciated; 179 deduction if claimed) in the first year.

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