03/09/2026
💡 Farmers: A tax tip worth knowing
Section 179 of the tax code allows businesses to deduct the cost of certain purchases in the year they’re put into use instead of spreading the deduction out over several years.
For farmers, this can mean potential savings on things like:
🚜 Farm machinery
🧰 Equipment
💻 Software
🏗️ Some building improvements
If these purchases are made before the end of the calendar year, they may qualify. Talk with your tax professional to see how it might apply to your operation this year.
Learn how farmers can use Section 179 to deduct the full purchase price of farm machinery and equipment. Understand the 2026 deduction limits and what property qualifies.