Section 179 Deduction Calculator
Section 179 Deduction: a planned Super Calculator tool. Covers asset cost. Stub page: the tool, its formula and a worked example are not published yet.
Section 179 Deduction Calculator is a planned calculator in the tax section of Super Calculator, covering united states business tax.
What this calculator will compute
Inputs: asset cost, total qualifying purchases for the year, taxable business income, property type and tax year.
Outputs: allowable deduction (currency), phase-out reduction, income limitation, carryforward and remaining basis.
Formula, recorded as scope and not yet verified against a primary source: Immediate expensing is allowed up to an annual dollar limit, reduced dollar for dollar once total qualifying purchases exceed a phase-out threshold, and further limited to taxable business income with the excess carried forward. Interacts with bonus depreciation, which has no income limit.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.