Tax Optimizer
2025
Tax Optimizer
2025
Section 179 Expensing (2025)
Category: Depreciation b7 Status: active
Eligibility
- C corporations
- S corporations
- Partnerships
- Sole proprietors
- Placed-in-service requirement in tax year; business use > 50%.
Computation
Immediate deduction up to annual dollar limit; phased out dollar-for-dollar above investment threshold.
- 2025 max deduction: $1,250,000
- 2025 phase-out threshold: $3,150,000
- SUV cap may apply (IRC §280F)
Documentation & Audit-Readiness
- Invoices with placed-in-service dates
- Depreciation schedules
- Business-use logs if mixed-use
- Proof of placed-in-service
- Asset qualification details
- Aggregation rules if related parties
- Retain records for at least 3 years after filing; longer if assets subject to recapture
Interactions & Ordering
- Apply §179 before §168(k) bonus depreciation.
- Stackable with: Bonus depreciation (if §179 not fully used)
- Basis: §179 reduces basis dollar-for-dollar before MACRS/bonus.
References
- Rev. Proc. 2024-40 (2025 inflation adjustments) (verified 2025-09-10)
- Publication 946 (How to Depreciate Property) (verified 2025-09-10)