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.
If you and your spouse file separate returns, you need to make an overt election of how you are going to share your Section 179 deductions.
For Section 179, among other purposes, employees are engaged in the active conduct of the trade or business of their employment. Thus, wages, salaries, tips, and other compensation derived by a taxpayer as an employee count as ...