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Bonus Depreciation §168(k)

Bonus Depreciation §168(k)

(1) 100% Immediate expensing of new investments assets acquired from 9-28-2017 thru 2022

(2) 80% in 2023

(3) 60% in 2024

(4) 40% in 2025

Note:

1) Not be new; must be first use property.

2) No property in a real property trade or business.

 

Zaher Fallahi, Tax Attorney, CPA, is a Tax Controversy Attorney, and defends taxpayers in resolving their Income Tax and Offshore Accounts (FBAR and FATCA) problems. Telephones: (310) 719-1040 (Los Angeles), (714) 546-4272 (Orange County), Toll Free 877-687-7558, e-mail [email protected]