Calculator for Health and Medical Equipment

To the right you will find a financial calculator  to assist in determining your Section 179 deduction. According to the IRS, you can elect to recover all or part of the cost of certain qualifying property, up to a limit, by deducting it in the year you place the property in service. This is the section 179 deduction. You can elect the section 179 deduction instead of recovering the cost by taking depreciation deductions.

For a complete explanation of the rules and regulations regarding the Section 179 deduction, please see the IRS publication in its entirety by clicking here.

* This page is not intended to serve as tax or legal advice, so please seek the counsel of a licensed professional before making any business or purchasing decisions.

Enter the Equipment Cost Here:

CALCULATE

View the Section 179 Tax Savings Results

Section 179 Deduction:

50% Bonus Depreciation:

Regular First Year Depreciation Deductions:

Total First Year Deduction:

Cash Savings on your ultrasound Purchase:

Cost of Equipment after Tax Savings: