Bonus Depreciation 2024 Used Equipment

Bonus Depreciation 2024 Used Equipment. The used property requirement is met if the acquisition of the used property by the taxpayer meets the following five requirements: (a) the property was not used by the taxpayer or a.

Bonus depreciation is a tax incentive designed to stimulate business investment by allowing companies to accelerate the depreciation of qualifying assets, such as equipment, rather than write them off over. The bonus depreciation for 2024 under section 179 is 60%.