2011 IRS Section 179 - Sample Deduction
Enter Cost of Equipment
$ 
Section 179 Deduction*
(available on the first $500,000 of up to $2.5 million in purchases)
BONUS  Depreciation!
50% depreciation on any remaining amount above $500,000 
Total First Year Deduction
Cash Savings on your Equipment Purchase
(assuming a 35% tax bracket)
$ $ $ $
Cost of New Equipment after Tax Savings
$
* This deduction applies to companies making up to $2.5 million of equipment this year. This is an example of the savings you may be eligible for using Section 179 of the IRS Tax Code and does not constitute tax advice as every organization or individual has unique circumstances. Please contact your tax advisor for information on how Section 179 applies to your business. All programs subject to final credit approval by Direct Capital Corp.