New Section 179 Legislation
affirms the Deduction Limit of $500,000 in Capital Equipment Expenses.

This benefit will apply to Capital Equipment that is financed on a Capital Lease, or a lease which results in ownership or has an option to own at the end of the lease term.

Read the Official IRS statement.

Please Note:

This calculator is intended for illustration purposes only and not meant to provide specific financial advice. Individuals or companies should consult their tax and legal professionals to determine the effect of leasing transactions for their specific situation.

The estimated tax savings may be based on assumptions that do not apply to your specific business tax situation.

 
Enter Equipment Cost:
 
  Section 179 Deduction:
   
  50% Bonus Depreciation
(on amount exceeding $500,000):
   
  Regular First Year Depreciation Deductions (Assuming 5-year MACRS 200DB half-year depreciation)
  Total First Year Deduction:
   
  Potential Cash Savings on Your Equipment Purchase
(Assuming a 35% tax bracket):