Cornerstone Medical & Technology Finance

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Tax Calculators

Benefits of Leasing

Your estimated tax savings for equipment purchased with a finance agreement under section 179b of the IRS can be calculated by entering your tax bracket and purchase amount below. This calculator applies for purchases in 2007 only.

Equipment Cost:	$
Section 179 Deduction:	$
Maximum Annual Equipment:	$
Tax Bracket:	%
MACRS recovery class:	yr
MACRS Yr 1 depreciation:	%

Total First Year Sec 179 Tax Deduction:	$
Total First Year MACRS Depreciation	$
Total First Year Tax Deduction	$
Total First Year Tax Savings	$
Amount to be Depreciated in Future Years	$

MACRS 1^st year Depreciation is based on half-year convention. Consult your tax accountant or financial advisor for your personal situation. This calculator is for reference purposes only and should not be construed as real tax advice.

We are happy to work with your CPA and explain all the details of your loan or lease.

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