Bonus Depreciation 2024 Equipment In Hindi. For example, if you purchase a piece of machinery in december of 2023, but don’t install it or start using it until january of 2024, you would have to wait until you file your 2024 tax. For 2023, businesses can take advantage of 80% bonus depreciation.
In 2024, the bonus depreciation rate will drop to 60%, falling by 20% per year thereafter until it is completely phased out in 2027. In addition, software and qip generally qualify.
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