2024 Section 179 Limits Vehicles

2024 Section 179 Limits Vehicles. 1 in 2024, bonus depreciation is 60% for equipment. Find out the depreciation limits for each year and important tax benefits.


2024 Section 179 Limits Vehicles

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 $8,000, for a. Maximum deduction limits for vehicles.

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