Amanda Atkinson
Acquiring new or refurbished X-ray equipment is a significant investment for any healthcare practice. For practices ranging from hospitals, medical clinics, urgent care, and private practices, IRS Section 179 offers a powerful way to make these essential purchases more affordable. This tax provision allows you to potentially deduct the full purchase price of qualifying equipment in the same year it’s put into service.
The Section 179 deduction serves as a powerful incentive, allowing your practice to write off the entire cost of qualifying assets—specifically, your radiology equipment and other diagnostic imaging equipment—in the same tax year it’s acquired. This incentive applies whether you buy or finance the equipment, which is a key difference from traditional depreciation. As a leading medical imaging distributor, we are here to help you understand the full range of benefits.
This simple example illustrates the potential financial impact of a Section 179 deduction.
| Equipment Cost | Section 179 Deduction | Effective Cost After Tax Savings* |
| New Digital X-ray System ($80,000) | Up to $80,000 | As low as $28,000 |
| Refurbished X-ray Equipment ($40,000) | Up to $40,000 | As low as $14,000 |
| New Portable X-ray Unit ($45,000) | Up to $45,000 | As low as $15,750 |
The savings shown are for illustrative purposes only and assume a hypothetical combined federal and state tax rate of 35%. Please consult with a qualified tax professional to understand how Section 179 may apply to your specific financial situation.
By leveraging this provision, you can immediately upgrade your radiology supplies and medical imaging supplies. This helps your practice acquire the tools it needs to provide top-tier patient care, without the pressure of a large upfront expense.
To qualify for this benefit, your equipment must be purchased and “placed in service” within the same tax year. The term “placed in service” means that the diagnostic imaging equipment is ready and available for its intended use in your facility. This is a crucial distinction from the purchase date itself, as it confirms the asset is actively contributing to your business operations.
Yes. We can arrange for shipment as long as the purchase or financing is finalized within the current tax year. The key is to ensure the X-ray equipment is installed and operational before December 31 to meet the “placed in service” requirement.
Installation timelines vary based on your specific X-ray equipment and location. Our team will coordinate with you to ensure a timely setup, with the goal of having your equipment fully operational to maximize your tax benefits for the current year.
For a more comprehensive overview of this tax incentive, please explore our full blog post: Understanding Section 179 Tax Deductions – Dicom Solutions
Ready to take advantage of this opportunity? Fill out the form below, and our team of Medical Imaging Experts will provide guidance on maximizing your tax savings on new or refurbished medical equipment.
Disclaimer: MXR Imaging, Inc. and its affiliates do not provide professional tax, legal, and/or accounting advice. This material and the information contained herein is being provided for general informational purposes only. The specifics of the Section 179 deduction, including but not limited to, the eligibility, limits, and requirements, are subject to change by the IRS and may differ based on your business needs and circumstances. Before engaging in any transaction, you should consult with your own tax, legal and/or accounting advisors.
1 thoughts on “Section 179: What Facts You Should Know About Upcoming Tax Changes”
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