How Much Is Bonus Depreciation In 2024au. The election must be made by filing a statement with form 4562, “depreciation and amortization,” by the due date, including extensions, of the federal tax return for the. Rental property assets and items, definitions, and the treatment of items as depreciating assets or capital works.

Bonus depreciation deduction for 2023 and 2024. This means businesses will be able to write off 60% of.