Bonus depreciation, what is allowed?

 What can be depreciated using bonus depreciaiton?

According to the IRS, qualified property eligible for bonus depreciation includes:

• Tangible property depreciated under MACRS
• New tangible property (other than buildings or structural components)
• Used tangible property (other than buildings or structural components)
• Certain production property
• Qualified film, television, and live theatrical productions.
• Property that will last 20 years or less
• Computer software, as defined in and depreciated under section 167 (f) (1).