Section 179 deduction for 2011 tax year

The deduction limit for tax year 2011, after the most recent Stimulus Act, is $500,000 while the total amount of equipment purchased not to exceed 2 million.

Listed below are examples of equipment that qualifies for section 179 deduction, for the 2011 tax year, as long as it was purchased or leased and placed into service between January 1, 2011 and December 31, 2011.