2024 Bonus Depreciation Rate 2024. (the company or mynd) (nyse american: The bonus depreciation rate for 2023 is 80% and for 2024 the percentage drops to 60%.
The legislation would reinstate 100% bonus depreciation for property placed in service in 2023 and extend it for property placed in service through 2025. The allowable percentage is set to decrease in 20% increments every year through 2027, meaning bonus depreciation is set at 60% for 2024, 40% for 2025, and 20% for 2026 until the current provision expires and drops to 0% in 2027.