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SEE PART 2: BUSINESSES
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A calendar-year corporation placed $4,200,000 of new manufacturing equipment in service during 2025. The equipment was purchased in April 2025 and is eligible for the § 179 deduction, and the corporation elects out of bonus depreciation for this class of property. It elects to expense the maximum amount of cost permitted by the § 179 dollar limitation after the investment (phase-out) limitation. Its 2025 taxable income from the active conduct of its trades or businesses, computed without regard to the § 179 deduction, is $1,800,000.
What amount of the §179 deduction carries over to 2026?
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