Section 179 Limits 2025. As we are currently in 2024 and soon to enter 2025, there are important updates to section 179 that business owners should be aware of, particularly around deduction limits,. Section 179 deduction is a tax provision that allows businesses to deduct the full purchase price of qualifying equipment and software in the same year that it’s purchased and.

The maximum section 179 expense deduction is $1,250,000, and this expense is reduced by the amount of section 179 property is placed in service during the tax year that. It will be 40% in tax year 2025;