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.


2024 Bonus Depreciation Limit For Automobile

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.

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2024 Bonus Depreciation Limit For Automobile