Industrial Equipment Capital
 
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Section 179 & Savings Calculator

Please consult your tax professional about specific tax savings for your business.

2018 DEDUCTION LIMIT = $1,000,000

This deduction is good on new and used equipment. To take the deduction for tax year 2018, the equipment must be purchased and put into service between January 1, 2018 and the end of the day on December 31, 2018.

2018 SPENDING CAP ON EQUIPMENT PURCHASES = $2,500,000

(Phase out begins over this amount)

BONUS DEPRECIATION = 100% for 2018


HOW MUCH WILL I SAVE?