Can I take bonus depreciation on used equipment?
Can I take bonus depreciation on used equipment? Bonus depreciation in Sec. 168(k) allows an additional first-year depreciation deduction in the placed-in-service year of qualified property. One of those changes was eliminating the "original use" requirement, so that taxpayers can now claim bonus depreciation on used property that they acquire (Sec. Can you claim bonus depreciation on a used computer? Because computers will no longer be classified as listed property (see above), you can use bonus depreciation to deduct computers used less than 50% of the time for business starting in 2018. For more information, see Section 179 and Bonus...