Home > Resources > 179 Tax Savings Calculator Resources 179 Tax Savings Calculator For more information the 179 deductions, see this page. Calculate Your Deduction Cost of Equipment: CALCULATE Section 179 First Year Write-Off: $0.00 100% Bonus Depreciation: (On any remaining amount above $1,000,000) $0 Normal First Year Depreciation: (Depreciation calculated at 5 years = 20%) $0 Total First Year Deduction: (Add Section 179 Deduction, Bonus Depreciation and First Year Depreciation) $0 Tax Savings on Equipment Purchase: (Assuming a 21% tax bracket) $0 Lowered Cost of Equipment after Tax Savings: $0 Still need help? Contact Marlin
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