Section 179 Press & Media Kit
Authoritative statutory benchmarks, code citations, and ready-to-use quotation blocks for financial journalists and CPAs.
2026 Statutory Benchmark Statistics
| IRS Code / Rule | 2026 Statutory Limit | Regulatory Source |
|---|---|---|
| IRC § 179 Cap | $1,250,000 | IRS Rev. Proc. 2025-50 |
| Phase-Out Threshold | $3,130,000 | IRS Rev. Proc. 2025-50 |
| SUV § 179 Limit | $30,500 Cap | IRC § 179(b)(5) |
| Commercial EV Credit | Up to $7,500 | IRC § 45W |
| California State Cap | $25,000 Cap | CA Rev. & Tax Code § 17201 |
Citable Media Quotes & Attribution
Journalists and writers may directly cite these statistics in articles:
Editorial Methodology & CPA Peer Review Process
Sec179Rules.com operates under strict financial accuracy and editorial transparency standards. Commercial tax law involves multi-layered federal and state statutory interactions that impact high-value capital expenditure decisions. Every formula, calculation logic, and state conformity rule on this platform is constructed in accordance with primary statutory sources:
- Primary IRS Regulatory Publications: Internal Revenue Code (IRC) Section 179, Section 168(k) (Bonus Depreciation), Section 280F (Luxury Auto Limits), Section 45W (Commercial Clean Vehicles), IRS Publication 946 (How To Depreciate Property), and IRS Form 4562 Instructions.
- Annual Inflation Adjustments: Official IRS Revenue Procedures (Rev. Proc. 2024-40) determining statutory dollar limits, phase-out thresholds, and SUV expensing caps for Tax Year 2026.
- 50-State Department of Revenue Statutes: Direct statutory references to state tax codes (e.g. CA Rev. & Tax Code § 17201, 72 P.S. § 7303, Tex. Tax Code § 171.1011) to ensure accurate state add-back calculation models.
- CPA Peer Review: Tax calculation formulas undergo rigorous automated unit testing and CPA audit verification prior to deployment.
Historical Statutory Timeline: Section 179 & Bonus Depreciation Evolution
The Tax Cuts and Jobs Act (TCJA) of 2017 fundamentally reshaped commercial equipment expensing. Under TCJA, 100% Bonus Depreciation was enacted for property placed in service between September 27, 2017, and December 31, 2022. Beginning in Tax Year 2023, Bonus Depreciation entered a statutory phase-down schedule (80% in 2023, 60% in 2024, 40% in 2025).
For Tax Year 2026, Section 179 expensing remains the premier first-year tax write-off mechanism for small and mid-sized businesses, offering an elevated $1,250,000 deduction cap with a $3,130,000 equipment purchase phase-out limit.