How much bonus depreciation can be taken by the taxpayer

Reference no: EM133662620

Question: A taxpayer has $50,000 in machinery to depreciate, $10,000 of which is qualified reuse and recycling property, placed into service in TY2023. $10,000 of the machinery is used; the rest is new. How much bonus depreciation can be taken by the taxpayer on their TY2023 return?

Reference no: EM133662620

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