2024 Bonus Depreciation Rate

2024 Bonus Depreciation Rate. Under current law, 100% bonus depreciation will be phased out in steps for property placed in service in calendar years 2023 through 2027. In 2024, the bonus depreciation rate is set to reduce from 80% to 60%.


2024 Bonus Depreciation Rate

Starting in 2023, the rate for bonus depreciation will be: For 2023, businesses can take advantage of 80% bonus depreciation.

2024 Bonus Depreciation Rate Images References :