The Section 179 deduction limit is $1,250,000 in 2025 and $2,560,000 in 2026. It lets businesses deduct the cost of some assets immediately rather than over time.

The chart below shows each tax year’s maximum Section 179 deduction limit and bonus depreciation percentage, along with a link to a year‐specific calculator or resource.

Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows a taxpayer to elect to deduct the cost of certain types of property on their income taxes as an expense, rather than …

Aug 16, 2025 · Section 179 of the U.S. Internal Revenue Code allows businesses to write off some assets in the same year of purchase. The Section 179 deduction is applied at the asset's full value …

2 days ago · What Is the Section 179 Deduction? The Section 179 deduction allows businesses to deduct the full purchase price of qualifying equipment and property in the year it’s placed in service, …

Oct 15, 2025 · Section 179 allows you to deduct the full cost of qualifying equipment in the year you purchase it, rather than depreciating it over several years. For 2025, you can deduct up to $1.25 …

Under Section 179 of the Internal Revenue Code, a business may elect to expense—in other words, immediately deduct—the cost of any business property placed in service during the year, within …

Internal Revenue Code Section 179 allows businesses to expense the full purchase price of qualifying equipment and/or software purchased during the tax year. When you buy a piece of qualifying …

Nov 6, 2024 · First enacted in 1958, Section 179 allows you to immediately deduct the cost of these assets during the year in which they are put into service. It is an alternative to the system known as …