Page 83 - Small Business IRS Training Guides

Slide 17 –Provision 13201, Additional First Year Depreciation Deduction –
Bonus Depreciation

Provision 13201
Additional First Year Depreciation Deduction –
Bonus Depreciation

Tax Cuts and Jobs Act of 2017 | Course 73083a | SB/SE 17

Slide 18 – Objectives

Provision 13201
Additional First Year Depreciation
Deduction – Bonus Depreciation
OBJECTIVES:
At the end of this section, you will be able to:

1. Explain how used property qualifies for additional first-
year depreciation deduction.
2. Provide the date this new law applies to purchases.
3. Describe the attributes of qualified property for
additional first-year depreciation deduction.
4. List what property is excluded from additional first-
year depreciation deduction.

Tax Cuts and Jobs Act of 2017 | Course 73083a | SB/SE 18

TCJA – Depreciation Provisions Student Guide
05/2019 A-9 73083-102