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Purple Platypus

Advanced 3D Printers, Mills, and Services

  • Products
    • Plastic 3D Printers
      • Stratasys Production Printers
        • H350
        • Origin One
        • Neo Series
      • Stratasys FDM Printers
        • F900
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        • F123CR Series
        • F123 Series
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        • J850 Pro & Prime
        • J850 TechStyle
        • J826 Prime
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  • Get A Quote
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SECTION 179 DEDUCTIONS

Take Advantage of 2022 Tax Deductions

Buy a 3D printer and save in 2022, with the IRS Section 179 tax incentive, which helps companies like yours improve business equipment and technology, while lowering taxes.

Request A Quote
F770, J850, and Origin One printers

Realize Tax Savings

of up to

$148,715

on the

F900

$87,500

on the

J850 Pro

$34,965

on the

J55

$26,215

on the

F370CR

To fully understand your actual Section 179 savings, consult your tax professional.

Tax Deduction Calculator

Are you considering whether or not to purchase or lease 3D printing equipment in the current tax year? This Tax Deduction Calculator for 2022 may very well help in your decision, as Section 179 can save your company a lot of money.

Use Section 179 Calculator

Section 179 Deduction

The 2022 Federal Section 179 tax deduction allows businesses to take a current year deduction of the full purchase amount of up to $1,080,000 until December 31, 2022. Combine this tax savings with year-end special pricing for your best opportunity to save on a new Stratasys 3D printer or eviXscan 3D scanner.

2022 Deduction Limit = $1,080,000

This deduction is good on new and used equipment, as well as off-the-shelf software. To take the deduction for tax year 2022, the equipment must be financed or purchased and put into service between January 1, 2022 and the end of the day on December 31, 2022.

2022 Spending Cap on equipment purchases = $2,700,000

This is the maximum amount that can be spent on equipment before the Section 179 Deduction available to your company begins to be reduced on a dollar for dollar basis. This spending cap makes Section 179 a true “small business tax incentive” (because larger businesses that spend more than $3,670,000 on equipment won’t get the deduction).

Bonus Depreciation: 100% in 2022

Bonus Depreciation is generally taken after the Section 179 Spending Cap is reached. The Bonus Depreciation is available for both new and used equipment.

California Manufacturing and Research & Development Equipment Exemption

This is a partial exemption that reduces sales and use taxes at the rate of 3.9375% from January 1, 2017 to June 30, 2030.

Eligibility For Exemption

In order to be eligible for this partial tax exemption you must meet all three requirements:

  1. Be engaged in certain types of business, also known as a “qualified person”
  2. Purchase qualified property
  3. Use qualified property more than 50 percent of the time in:
    • Manufacturing
    • Processing
    • Refining
    • Fabricating
    • Recycling or research and development in biotechnology, physical, engineering, and life sciences.

More Specifications on BOE-230

*To see this tax exemption form, click here. Consult your tax professional today to calculate your incentive.

Locations

  • Irvine Headquarters
    16842 Hale Ave.
    Irvine, CA 92606
  • Bay Area Office + Showroom
    2185 Ronald St.
    Santa Clara, CA 95050
    By Appointment Only
  • Phoenix Office + Showroom
    2330 West Parkside Ln., Suite G105
    Phoenix, AZ 85027
    By Appointment Only

Recent Posts

  • Part of the Month: Football Helmet
  • 30 on 3D: eviXscan Wide Range 3D Scanner
  • Part of the Month: Textured Handle
  • 3D Printing Applications for Electronics Manufacturing
  • 30 on 3D: Bidding Adieu To 2022
CONTACT OUR TEAM

949.474.9222
[email protected]

LEGAL

Purchase Terms & Conditions

 

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Copyright © 2023 · Purple Platypus · Terms & Conditions · Privacy Policy

  • Products
    ▼
    • Plastic 3D Printers
      ▼
      • Stratasys Production Printers
        ▼
        • H350
        • Origin One
        • Neo Series
      • Stratasys FDM Printers
        ▼
        • F900
        • Fortus 450mc
        • F770
        • F123CR Series
        • F123 Series
      • Stratasys PolyJet Printers
        ▼
        • J850 Pro & Prime
        • J850 TechStyle
        • J826 Prime
        • J55 Prime
        • J35 Pro
        • Objet30 Pro & Prime
        • J4100
        • J850 Digital Anatomy Printer
        • J5 MediJet
      • MakerBot Printers
        ▼
        • METHOD
      • Onulis Printers
        ▼
        • WRAP
        • WRAPCure
    • Post Processing Equipment
      ▼
      • DLP Post-Curing
        ▼
        • WRAPCure
      • Cleaning
        ▼
        • Powershot C
      • Surfacing
        ▼
        • Powershot S
        • Powerfuse S
      • Dyeing
        ▼
        • DM60
    • CNC Machines
      ▼
      • Roland DG SRM-20
      • Roland DG MDX-50
    • 3D Scanners
      ▼
      • Quadro+
      • Optima+ M
      • Fine Precision
      • Wide Range
      • eviXmatic
    • Waterjets
      ▼
      • ProtoMAX
    • Engravers
      ▼
      • Roland DG DE-3
    • Software
      ▼
      • Materialise Software
        ▼
        • Materialise Magics
        • Materialise 3-matic
        • Materialise e-Stage
        • Materialise Build Processor
      • GrabCAD Print
      • GrabCAD Shop
  • Materials
    ▼
    • SAF Materials
    • Origin One Materials
    • SLA Materials
    • FDM Thermoplastics
    • PolyJet Photopolymers
  • Services
    ▼
    • 3D Printing Classes
    • Print Your Part
  • Pre-Owned Equipment
    ▼
    • Fortus 380mc
    • Eden 260VS
    • Objet260 Connex3
    • Objet30 Prime
    • Heavy Duty Quadro
  • Get A Quote
  • Contact Us