Section 179
Buy the equipment now. Deduct it this year.
Section 179 lets your business write off the full purchase price of qualifying equipment the year you put it to work, instead of spreading it out over years of depreciation. Less tax this year. More machine on your floor.
Three steps. That’s it.
01
Buy or finance
Choose a Lincoln Electric equipment. Your dealer quotes it the same way they always would.
02
Put it to work this year
Take delivery and get the equipment running in your shop before the year ends. That is what makes it eligible.
03
Deduct up to 100%
Hand the invoice and financing paperwork to your accountant. They file the deduction with your return.
You can finance it and still deduct it
This is where Section 179 gets powerful. You don't have to pay cash to claim the deduction. The deduction is based on the cost of the equipment you put into service, not on how much of it you have paid off by December 31.
So you can spread the payments across the life of the machine while claiming the deduction in year one. Your accountant will confirm the figures for your situation.
Illustrative example
Equipment financed
$500,000
Potential year-one deduction
$500,000
Cash out of pocket today
$0
Tap to see the full example
What it means for your business.
Keep your cash working
Money that would have gone into one machine stays available for wire, gas, labor, and the next job that walks through the door.
Upgrade sooner than planned
The machine you were going to buy in two years becomes the machine you can run this quarter, on equipment that is ready now.
One predictable payment
A fixed monthly amount you can quote against, so you know what the equipment costs you each month before you bid the work.
Your dealer handles the paperwork
Apply through your Lincoln Electric dealer and Mitsubishi HC Capital America sorts the financing, so you stay focused on your business.
Good news: all Lincoln Electric equipment qualifies.
December 31 is a hard line.
The equipment has to be purchased or financed and placed into service before year-end. Ordering and delivery take time, so start the conversation now, not in December.
See what it looks like on your numbers
Put in the equipment you are considering and the estimator will show you the monthly payment. Or talk it through with someone who does this every day.
This page is general information only and is not tax or legal advice. Section 179 eligibility, limits, and timing depend on your circumstances and can change. Talk to your tax advisor before making a purchase decision. Financing is subject to credit approval.