UStax_deductionpct_of_investment
Bonus Depreciation (Section 168(k))
US-168K-BONUS · United States (Federal)
Summary
First-year additional depreciation on qualified property. Allows accelerated depreciation deduction in year property is placed in service. Percentage phase-down in effect (60% in 2024, stepping down to 80% in 2025, and further through 2026). Applies to tangible property, aircraft, and certain computer-assisted property. Form 4562.
Benefit
- Percentage
- —
- Flat
- —
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- —
- Program family
- —
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (1)
- local_approval_requiredFederal claim-on-return credit. No agency pre-approval gate — the taxpayer claims the credit on their return based on satisfying the statutory eligibility criteria (qualified activity, qualified expenditures, qualified employees, etc.). User attests via the securedApprovals chip group on /match that they have determined the underlying §-criteria are met. Without attestation this rule defaults to "unknown" → status="partial" instead of vacuously "eligible".
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (0)
Statewide / none specified.
Tags (4)
- filing_form: Form 4562 (Depreciation and Amortization)
- bonus_percentage_2024: 60%
- bonus_percentage_2025: 80%
- phase_down_schedule: Stepping down through 2026 and beyond
Tax bases
- corporate_income_taxprimary
Approval requirements (1)
- requiredUS IRS — self-attestation that qualifying activity meets statutory criteria — Self-attestation: confirm the qualifying activity meets the statutory eligibility criteria for this §-code credit. Tax preparer / CPA verification recommended.
Source
IRC §168(k); Form 4562 (Depreciation and Amortization)
Last verified: 2026-04-22