Correction

Correction: Tax Deductions for US Small Businesses: 2026 Guide

Corrected by Emir Baycan · Full-Stack Developer, Mobile App Builder and Web Platform Founder with expertise in SEO, automation, SaaS, AI visibility, DevOps and scalable digital products

Emir Baycan found something wrong, outdated, or unsupported on this page and proposed a fix. The publisher accepted the correction.

Role
Correction
Publisher
Corpy
Status
Accepted
Date
14 July 2026

The exact change

Before

For 2026, the deduction limit is $1,220,000, with a phase-out threshold of $3,050,000 in total equipment purchases. | Below $191,950 (single) / $383,900 (married filing jointly): Full 20% deduction available... Sunset: scheduled to expire 31 December 2025.

After

For 2026, the deduction limit is $2,560,000, with a phase-out threshold of $4,090,000 in total equipment purchases, following the permanent increase enacted by the One Big Beautiful Bill Act (OBBBA) in July 2025. | Below $201,750 (single) / $403,500 (married filing jointly): Full 20% deduction available regardless of business type (2026 figures per IRS Rev. Proc. 2025-32)... Permanence: Made permanent by the One Big Beautiful Bill Act (OBBBA), signed July 4, 2025, removing the previous scheduled sunset on 31 December 2025.

Suggested change

Major fix: corrected Section 179 deduction figures in the featured snippet and a full "2026 Limits" table, rewrote the bonus-depreciation phase-down table to reflect the One Big Beautiful Bill Act's permanent restoration of 100% bonus depreciation, updated the SUV expensing cap from $28,900 to $32,000, and fixed the Qualified Business Income (QBI/Section 199A) deduction, which had wrongly said it was scheduled to expire December 31, 2025, when OBBBA made it permanent (also updated the 2026 phase-in income thresholds to the exact current IRS figures).

Why this is better

The featured snippet, Section 179 limits table, full bonus-depreciation phase-down table, and QBI/Section 199A sunset framing all predated the OBBBA (signed July 2025), which permanently doubled the Section 179 caps, restored 100% bonus depreciation permanently, and made the QBI deduction permanent with exact 2026 IRS thresholds replacing the stale rounded figures.

How this record is verified

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