2024 Bonus Depreciation Amount For Car. You can then deduct 60% of the remaining $200,000 ($500,000 − $300,000),. What are the eligibility requirements for the additional first year depreciation deduction following the enactment of the tax cuts and jobs act of 2017 (“tcja”)?
(it was 80% in calendar year. If you have unrecovered basis in your car—and you will if your car cost more than $18,450—you compare the deemed depreciation amount with the amount annual.
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