ITG FAQ #11 Answer-Is there any investment limit for the increased section 179 deduction? |
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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)).
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Page Last Reviewed or Updated: October 05, 2011