Report 100% of the cost of the asset for each.
Bonus or special depreciation allows for 100% bonus "expensing" of assets that are new or used. See TurboTax Help here.
The percentage of bonus depreciation phases down in 2023 to 80%, 2024 to 60%, 2025 to 40%, and 2026 to 20%. After 2026 there is no further bonus depreciation.
This bonus "expensing" should not be confused with expensing under Code Section 179 which has entirely separate rules, see above.
All depreciable items are re-computed under the Alternate Minimum Tax rules.
AMT special depreciation reports the depreciation under the Alternate Minimum Tax rules.
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