Section 179 Expensing

Section 179 allows businesses to deduct the full cost of qualifying equipment and software in the year of purchase rather than depreciating over time. The deduction limit is $1,160,000 (2023) with a phase-out beginning at $2,890,000 in total purchases.

Source Agency
IRS

Last Verified
March 1, 2026

Next Review
May 30, 2026

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