Section 179 Calculator
Calculate your maximum Section 179 deduction for business equipment purchases, including phase-out reductions, income limitations, and combined first-year write-off with bonus depreciation.
Tax Disclaimer
This calculator provides estimates based on general tax rules and may not reflect your specific situation. Tax laws vary by jurisdiction and change frequently. Consult a qualified tax professional or CPA for advice tailored to your circumstances.
Inputs
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Results
Section 179 Deduction
$200,000.00
Total First-Year Write-Off
$200,000.00
Tax Savings$48,000.00
Net After-Tax Equipment Cost$152,000.00
Bonus Depreciation$0.00
Section 179 Carryforward$0.00
Remaining Depreciable Basis$0.00
How to Use This Calculator
- Enter Equipment Cost for the qualifying business asset (must be tangible property used >50% for business).
- Set Total Assets Placed in Service — the Section 179 limit phases out dollar-for-dollar above $3.05M (2024).
- Enter Business Taxable Income — Section 179 cannot create a loss; the deduction is capped at business income.
- Set Marginal Tax Rate % for tax savings calculation.
- Select Tax Year for the applicable bonus depreciation rate on remaining basis.
- Review Year 1 Deduction and Tax Savings — Section 179 + bonus depreciation often allows full expensing in year 1.
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