Which of the following assets is not eligible for bonus depreciation?
A) Used office machinery
B) Qualified improvement property
C) A new delivery truck
D) Used office furniture
E) All of the choices are correct.

Question

Quizplus · Accepted Answer

New and used personal property is eligible for bonus depreciation as long as the property has not been used by the taxpayer before. Qualified improvement property is not currently eligible.

Which of the Following Assets Is Not Eligible for Bonus