TaxGuyBill
Level 15
04-25-2025
06:39 PM
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Is it 100% business usage for both years?
As a side note, in most cases it wasn't a great idea to use 80% Bonus depreciation in 2023 for a vehicle under 6000 pounds. For 2024-2028 depreciation will be based on 20% of the original Basis. The unused 80% Bonus depreciation from 2023 can't start to be used until 2029 (and even then it is subject to the annual limit).