Can I use Section 179 'Bonus Depreciation' for used crane purchases in 2026?

FIN-003 · Finance

Yes, used cranes qualify for Section 179 deduction in 2026, with limits up to $1.22 million for eligible businesses.

Section 179 allows immediate expensing of used crane purchases rather than depreciating them over several years. For 2026, the maximum deduction is projected at $1.22 million, though this phases out once total equipment purchases exceed $3.05 million. The crane must be used more than 50% for business purposes and placed in service during the tax year to qualify.

Reference: IRS Publication 946 "How to Depreciate Property" and Internal Revenue Code Section 179

Remember: "179 USED = YES" - Section 179 covers Used cranes with $1.22M limit in 2026

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Can I use Section 179 'Bonus Depreciation' for used crane purchases in 2026?

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