section 179 deduction

Oct 11, 2011
Reaction score
since no one answered in the other section here goes...

can someone explain the section 179 tax deduction to me? i am looking to purchase a used piece of equipment (new to me) and the broker is pushing this 179 deduction on me almost like an incentive and says that if i buy a piece of equipment at $150,000 it will cost me $101,000 at tax time because of all of the deductions etc... ???

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

USA Section 179 deduction 0
USA Section 179 help. 0
USA section 179 0
USA Section 199 passthrough deduction 0
USA section 179 depreciation 1
USA Section 179 recapture question 1
USA Deducting Education Expenses 0
UK Sec 179 and corp tax balance sheets 1