Bonus Depreciation 2024 Equipment List. Bonus depreciation, which is generally taken after the section 179 spending cap is reached, will continue to phase down from 80% in 2023 to 60% in 2024. Bonus depreciation is a tax incentive designed to stimulate business investment by allowing companies to accelerate the depreciation of qualifying assets, such as equipment,.

The old rules of 50%. For example, if you purchase equipment for $100,000, you have to take the.