Section 179 CalculatorThe Section 179 Deduction has a real impact on your equipment costs. Here's an easy to use calculator that will help you estimate your tax savings. Simply enter in the purchase price of your equipment, and let the calculator take care of the rest. For answers to common questions, see additional Section 179 resources here.
Enter your equipment cost below to see your estimated savings. All calculations assume 21% tax bracket. Calculate My Savings
CostEQ Max: Present Dollar: Present Adj:
2020 Section 179 Benefit
No Section 179 Benefit
Enter your email address below have your results sent to you. Email Results
The calculator presents a potential tax scenario based on typical assumptions that may not apply to your business. This page and calculator are not tax advice. The indicated tax treatment applies only to transactions deemed to reflect a purchase of the equipment or a capitalized lease purchase transaction. Please consult your tax advisor to determine the tax ramifications of acquiring equipment for your business. Western Equipment Finance, Inc. does not provide legal, tax, or accounting advice. We recommend customers obtain and rely upon such advice from their own accountants, auditors, attorneys, or other professional advisers. For complete details or changes, please visit www.irs.gov or contact the IRS helpline at: 800-829-4933.