2024 Bonus Depreciation Rategain. Therefore, if you're planning to take advantage of bonus depreciation for assets placed in service in 2024, you would be looking at a 60% deduction of the cost in the first year,. Bonus depreciation is an accelerated form of depreciation โ it allows you to deduct a fixed percentage (80% for 2023) of an assetโs cost upfront instead of spreading the deduction.
Under the new proposed rules, if a taxpayer itself manufactures, constructs, or produces property for use in its trade or business or for its production of income, the additional first. Assets acquired during the bonus period (september 27, 2017, to january 1, 2023) can receive.