# Bonus depreciation

> Bonus depreciation — Additional first-year tax depreciation under §168(k) — 100%, permanently, for qualified property acquired after 19 January 2025 under the OBBBA. Not limited to taxable income, so it can create an NOL; book depreciation is unaffected, creating a temporary difference.

Source: https://lopifi.com/glossary/bonus-depreciation
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is bonus depreciation?** In accounting, bonus depreciation means additional first-year tax depreciation under §168(k) — 100%, permanently, for qualified property acquired after 19 January 2025 under the OBBBA. Not limited to taxable income, so it can create an NOL; book depreciation is unaffected, creating a temporary difference.

## Words this system refuses for it

- Section 179
- accelerated depreciation unqualified

- **Category:** Tax
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Related:** temporary-difference, depreciation