Get your taxes done using TurboTax

You need to indicate in TurboTax that you want to take the special bonus depreciation on the screen that says How much do you want to deduct for the business use of this vehicle:

You can deduct up to 80% of the cost of a vehicle using the bonus depreciation allowance in 2023, it is down from the 100% allowance you could claim in 2022. You are correct, bonus depreciation is not limited to net income like section 179 depreciation is.