Section 179 Bonus Depreciation 2024 Limit . The maximum section 179 deduction is $1,220,000 for 2024 ($1,160,000 for. In 2023, the maximum section 179 deduction was $1,160,000.
In contrast, bonus depreciation is limited to 80 percent for 2023 (60 percent for 2024). In 2024 (taxes filed in 2025), the section 179 deduction is $1,220,000.
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