• Depreciable assets with class lives of 20 years or less are eligible for bonus depreciation
• Bonus depreciation phase out schedule :
100 % during 2022 80 % during 2023 60 % during 2024 40 % during 2025 20 % during 2026 0 % starting 2027
• The balance of cost not eligible for bonus depreciation normally depreciated over life of assets
• A study will accelerate ( not create ) depreciation deduction