Tax Reduction Letter

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Article Date: July 2010
Word Count: 426

Tax-Saving Tips for Married Taxpayers Claiming Section 179 Deductions

If you are married, you need to know three special rules that can benefit your Section 179 deductions.

The Section 179 business income limit includes W-2 income earned by both you and your spouse.

Section 179 expensing treats you and your spouse as one taxpayer.

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