Back to News Section 179 allows business owners to deduct the full purchase price of capital equipment from this year's taxes.


Save Money on Waterjet Purchases with the Section 179 Tax Incentive

Section 179 can help you reduce the total cost of your waterjet purchase.


United States - Section 179

With the Section 179 tax deduction, you can write off up to $1,000,000 of capital equipment purchases on this year's taxes.

This is great news, especially if you’re running a small to medium-sized business with capital expenditure not exceeding more than $2,500,000. After this amount is reached, deduction is phased out on a dollar-for-dollar basis. This applies to both new and old equipment, and off-the-shelf software as long as purchases are made before December 31.

How Much Money Can I Save?

This handy 2019 Tax Deduction Calculator can tell you exactly how much money you can save, depending on the amount you spend. Let’s look at the example below using a specific investment amount to see what the savings will be.

The chart on the left shows the calculation based on equipment purchases of $1,150,000. Using a 35% tax bracket and 100% bonus depreciation of $150,000, you can save a total of $402,500.

Tax Questions?

Visit Section179.org for details on how the deduction works. You can also access tax guides for previous years, starting from 2018 all the way to 2007.


Ready to Start Saving? 

Browse WARDJet's line of waterjet cutting systems including the A-Series, X-Series, and Z-Series. To contact WARDJet, call 1-844-WARDJET or visit wardjet.com/get-in-touch.



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