2024 Bonus Depreciation Limit For Automobile.  — for passenger automobiles for which sec. There are limits for heavy suvs and vehicles.

The total section 179 deduction and depreciation you can deduct for a passenger automobile, including a truck or van, you use in your business and first placed in service in 2023 is $20,200, if the special depreciation. 27, 2017, and placed in service during 2024, for 2024 and.