Irs Bonus Depreciation 2024. For example, if you purchase equipment for $100,000, you have to take the. Allows 50% bonus depreciation for qualified disaster area property generally placed in service after 12/31/07 for disasters declared after 12/31/07 and occurring.

For example, if you purchase equipment for $100,000, you have to take the. It’s a “standard deduction of $5 per square foot of home used for.