Bonus Depreciation 2024 Aircraft Manufacturer. Are your aircraft investments eligible for bonus depreciation? Notably for aircraft purchases, the plan extends the allowance of a 100 percent bonus depreciation deduction for property placed in service after december.
Here’s everything you need to know to benefit from the tax cuts and jobs act tax incentive. Through bonus depreciation, also known as immediate expensing, taxpayers placing qualifying property into service, including business aircraft, can continue to deduct the full cost of their investment.