Bonus Depreciation 2024 Aircraft Company. Starting in 2023, the owner can still deduct 80% of the cost of an aircraft put into service in that year. Notably for aircraft purchases, the plan extends the allowance of a 100 percent bonus depreciation deduction for property placed in service after december.

The tcja created powerful incentives to continue to invest in american businesses and business property, helping to fuel an extraordinary demand for private. 2023 outlook and potential exemptions.