Estimates provided for Tax Years 2023, 2024, and 2025 based on current limits.
Estimated Section 179 Deduction (Before Taxable Income Limit):
Note on Section 179 Deduction (U.S. Federal):
This tool estimates the maximum Section 179 deduction you can claim based on the annual dollar limit and the investment limit for the year, given the total cost of qualified property placed in service.
The actual amount you can deduct is further limited by your **taxable income** from your active trade or business.
Any amount exceeding the taxable income limit can generally be carried forward to future years.
This tool does NOT calculate the taxable income limitation or account for bonus depreciation or standard depreciation.
Limits for Tax Years 2023, 2024, and 2025 are included based on current IRS data. Limits for future years are subject to change.
Disclaimer: This tool is for informational purposes only and does not constitute tax advice. Consult a qualified tax professional for personalized guidance.
