ITG FAQ #11 Answer-Is there any investment limit for the increased section 179 deduction?


For each dollar of business cost over $200,000 for section 179 property placed in service in a tax year, the maximum dollar limit is reduced by one dollar (but not below zero). However, take only one-half of the cost of section 179 property that is qualified zone property into account when reducing the maximum dollar amount (Section 1397A(a)(2)). The property must be placed in service before January 1, 2021.

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