179 Tax Savings Calculator
For more information the 179 deductions, see this page.
Calculate Your Deduction
Cost of Equipment:
$
| Section 179 Benefit | No Section 179 Benefit | |
|---|---|---|
| Section 179 First Year Write-Off | $0 | $0 |
| 100% Bonus Depreciation (On any remaining amount above $1,080,000) | $0 | $0 |
| Normal First Year Depreciation (* Depreciation calculated at 5 years = 20%) | $0 | $0 |
| Total First Year Deduction (Add Section 179 Deduction, Bonus Depreciation and First Year Depreciation) | $0 | $0 |
| Tax Savings on Equipment Purchase (Assuming a 21% tax bracket) | $0 | $0 |
| Lowered Cost of Equipment after Tax Savings | $0 | $0 |
| Additional Section 179 Savings | $0 |