Bonus Depreciation 2024 And 2024 . Extension of 100% bonus depreciation. Bonus depreciation deduction for 2023 and 2024.
Allows 50% bonus depreciation for qualified disaster area property generally placed in service after 12/31/07 for disasters declared after 12/31/07 and occurring. You can then deduct 60% of the remaining $200,000 ($500,000 โ $300,000),.
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