The Section 179 deduction limit for 2015 has increased to $500,000, allowing business owners to fully deduct equipment purchases up to that amount. The total amount of equipment that can be purchased and claimed under Section 179 has also risen to $2,000,000. Additionally, 50% bonus depreciation has been reinstated for 2015 through 2019, permitting further deductions on equipment purchases over $500,000. For 2016, the Section 179 deduction remains at $500,000 and 50% bonus depreciation is $0, allowing business owners to write off up to $75,000 in equipment costs the first year.

1. For more information, please call:
The deduction limit for Section 179 is now $500,000.
• This means that if your customers buy (or finance) a piece of
equipment, they can deduct the Full Purchase Price (up to
$500,000) from their gross income.
• The old limit was $25,000.
The 2015 Section 179 deduction threshold for total amount
of equipment that can be purchased is now $2,000,000.
• This means that customers can purchase more equipment and
still have the benefit of the Section 179 deduction.
• The old limit was $200,000.
50% bonus depreciation has been reinstated for the tax
year 2015 and extended through 2019.
• For equipment purchases over the Section 179 deduction of $500,000,
your customers can deduct an additional 50% of the amount over
$500,000 in addition to their standard depreciation deduction. This
applies to equipment acquired and put into service during 2015, 2016
and 2017. Then bonus depreciation will phase down to 40% in 2018 and
30% in 2019.
• The old limit was $0.
2016 IRS Section 179 BENEFITS
Create your own tax break through December 31, 2016!
First Year Write-Off: $75,000
$500,000 is the max. Section 179 write-off
50% Bonus Depreciation: $0
On any remaining value above $500,000
Normal 1st Yr. Depreciation: $0
Depreciation calculated at 5 years = 20%
Total 1st Yr. Depreciation: $75,000
Tax Savings
Assuming Rate of 35%: $26,250
$75,000 x 35% = $26,250
1st Yr. Net Cost
After Tax Savings: $48,750
$75,000 - $26,250 = $48,750
EXAMPLE: Equipment Cost of $75,000
*Credit & equipment restrictions apply.
This program does not assume your company will qualify to take advantage of the IRS Section #179 depreciation schedule which al-
lows rapid first year depreciation of certain assets acquired. The amount of previous depreciation your company may have used may
affect your ability to utilize the elections. Please consult your tax advisor or accountant for additional information. Equipment must be
purchased and placed in service by 12/31/16.
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or email at info@curtisfunding.com
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