Section 179 Tax Deduction Calculator Input Equipment Cost Section 179 Tax Savings Results Section 179 Deduction: 50% Bonus Depreciation: (on remaining Amount exceeding $500,000) Regular First Year Depreciation Deductions: Total First Year Deduction: Cash Savings on your Equipment Purchase: (assuming a 35% tax bracket) Cost of Equipment after Tax Savings*: Request a Free Equipment Lease Quote: