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    2012 section 179

    Are the 2012 section 179 limits $250,000 for leashold improvments and $125,000 machinery/equip etc?

    #2
    Found this site

    Official 2023 Section 179 info for business. Updated deduction limits, qualifying equipment, tax deduction calculator, more – all in Plain English.


    It appears the limits have been adjusted to $139,000 for 2012. They are slated to go down to $25,000 starting in 2013; vote your conscience this November! Phaseout limit also slated to drop to $200,000

    By the way the leasehold improvements limit of $250k expired at the end of 2011.

    Remember, if you have a small business, you didn't build that!
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      #3
      Originally posted by kas View Post
      Are the 2012 section 179 limits $250,000 for leashold improvments and $125,000 machinery/equip etc?
      thanks Daveintexas

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