Bonus Depreciation 2024 Vehicles Over 2024. Bonus depreciation is limited to 60% in 2024. The irs has released (rev.
After three years of blockbuster growth, passenger vehicle (pv) sales have come under pressure in fy25. Bonus depreciation allows qualifying businesses that spend more than the 2024 section 179 limit to depreciate up to 60% on the remaining purchase amount.