Section 179 Election (2026)
Up to $2,560,000
Can You Write Off Section 179 Election?
Short answer: Section 179 Election (2026) — OBBBA 2026 New Deductions
2026 Section 179 limit increased to $2.56M (phase-out at $4.09M).
Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.
BW-B11-10023
low risk
Section 179 Election (2026)
Typical range: Up to $2,560,000
All Industries
Other Expenses
OBBBA 2026 New Deductions
Section 179 Election (2026) — OBBBA 2026 New Deductions
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
2026 Section 179 limit increased to $2.56M (phase-out at $4.09M).
Category
- OBBBA 2026 New Deductions
obbba 2026 new deductions
obbba 2026 new
section 179 election (2026)