Section 179 Bonus Depreciation 2024 Calculator

Section 179 Bonus Depreciation 2024 Calculator. For 2024, the maximum section 179 deduction is $1,220,000 ($1,160,000 for 2023). See your estimated tax savings when you buy, lease, or finance business equipment.

60% bonus depreciation on qualified equipment acquired and placed in service from january 1, 2024 through december 31, 2024. Irs section 179 deductions highlights.