Calculate an estimated tax write-off amount for new or used qualifying business equipment and software that you lease or purchase in 2024.

Section 179 Deduction

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Bonus Depreciation Deduction

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Balance to Depreciate

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over 5 years

Total First Year Deduction

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Total Tax Savings

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assuming 35% tax bracket

Net Cost of Equipment

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The above examples are estimated tax savings for illustrative purposes. Contact your accountant or financial advisor to calculate actual tax savings.

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