2024 Bonus Depreciation Percentage For Cars. 179 deduction is $1.22 million (up from $1.16 million for 2023). Eligible assets include depreciable personal property such as.
Bonus depreciation deduction for 2023 and 2024 for 2023, businesses can take advantage of 80% bonus depreciation. Irs guidance provides the 2024 depreciation limits for “luxury” business vehicles.
