2024 Bonus Depreciation Bill Format

2024 Bonus Depreciation Bill Format. The election must be made by filing a statement with form 4562, “depreciation and amortization,” by the due date, including extensions, of the federal tax return for the. Extension of 100% bonus depreciation.

This tax alert will focus on three major provisions of the final legislation: On january 31, 2024, the house of representatives passed its version of the tax relief for american families and workers act of 2024, which would have.