September 24, 2024

Ronna Chrystel

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2024 Bonus Depreciation Percentage

2024 Bonus Depreciation Percentage. In 2024, the bonus depreciation rate will drop to 60%, falling by 20% per year thereafter. To maximize the benefits of bonus depreciation, businesses can consider the following.


2024 Bonus Depreciation Percentage

In 2024, bonus depreciation continues to be a valuable tool for businesses looking to invest in new or used property, offering a deduction of a certain percentage of the assetโ€™s cost. Do nothing and claim 60% bonus depreciation for 2024.

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