2024 Bonus Depreciation Limit For Automobile. For passenger automobiles for which sec. For vehicles under 6,000 pounds in the tax year 2023, section 179 allows for a maximum deduction of $12,200 and bonus depreciation allows for a maximum of.
For vehicles under 6,000 pounds in the tax year 2023, section 179 allows for a maximum deduction of $12,200 and bonus depreciation allows for a maximum of. However, these autos are eligible for 60% bonus.