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Tax Savings Example - Section 179 Deduction
Cost of Equipment:
Section 179 Rededuction if Purchases are $2,000,000+
(Dollar for dollar phase out if over $2,000,000)
Section 179 Write-Off Amount:
Regular First Year Depreciation Deduction:
Total First Year Deduction:
Cash Savings on your Equipment Purchase:
(Assuming a 35% Tax Bracket, Depreciation 5 years)
Lowered Cost of Equipment after Tax Savings
Bruce Forinash, Leasing Agent
800-400-5060 x
101
brucef@investmentleasing.com
brucef@investmentleasing.com
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