Bonus Depreciation 2024 Aircraft Carrier. If a taxpayer signs a binding contract to purchase a new business aircraft before december 31, 2023, the aircraft will qualify for 80 percent bonus depreciation in tax year 2024,. 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.

However, the provision extends that. These include an extension for 100 percent depreciation for most qualified business property placed into service before jan.