ilmscore | Prediction Details
"allowed 100% bonus depreciation in the first year for business use."
By Graham Stephan | May 27, 2025 | Correct
From video
BREAKING: Trump’s "Big, Beautiful Tax Bill" Just Passed (These Changes Are WILD!) 00:12:18 - 00:12:22
Interpreted Prediction
The extension of the Tax Cuts and Jobs Act will allow for 100% bonus depreciation in the first year for business assets.
AI Evaluation Notes
The Tax Cuts and Jobs Act (TCJA) allowed 100% bonus depreciation for qualified property acquired and placed in service after September 27, 2017, and before January 1, 2023. The 100% bonus depreciation was extended.

Prediction Details

Topic
Bonus Depreciation

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.