Tax Savings Calculator
Please enter only numeric values.
- Section 179 Deduction
- $0.00
- Normal 1st Year Depreciation
- $0.00
- Total First Year Deduction
- $0.00
- Cash Savings on your Equipment Purchase(assuming a 35% tax bracket)
- $0.00
- Lowered Cost of Equipment after Tax Savings
- $0.00
* Credit & equipment restrictions apply. This program does not assume your company will qualify to take advantage of the IRS Section #179 depreciation schedule which allows rapid first year depreciation of certain assets acquired. The amount of previous depreciation your company may have used may affect your ability to utilize the elections. Please consult your tax adviser or accountant for additional information. Equipment must be purchased and placed in service by 12/31/2026.
IRS SECTION 179 (2026)
The deduction limit for Section 179 is now $2,560,000
The 2026 Section 179 threshold for the total amount of equipment that can be purchased before the deduction begins to phase out is now $4,090,000
Most new and used equipment, as well as off-the-shelf software, qualify for the Section 179 deduction
100% bonus depreciation has been permanently restored for qualifying equipment acquired and placed in service after January 19, 2025
When applying these provisions, Section 179 is generally taken first, followed by bonus depreciation
Limits per IRS Rev. Proc. 2025-32 for tax years beginning in 2026.
