Yes the safe harbor ended in 2022. It’s what allows you to depreciate year 2 - 5. Without it, if you use bonus depreciation year 1 you COULD NOT depreciate the rest until recovery period ends. Meaning nothing on year 2-5.
So since safe harbor ended in 2022, how does your example proceed to depreciate starting from year 2 again, which is the whole reason the safe harbor was created.
Here is the IRS document explaining what I just said: https://www.irs.gov/pub/irs-drop/rp-19-13.pdf
@Mike9241
