### Question
Can you define what section 179 property means?


### Answer
**Section 179 property** is defined as the following in *26 U.S.C. § 179*:

> property—


(A) which is—


(i) tangible property (to which section 168 applies), or


(ii) computer software (as defined in section 197(e)(3)(B)) which is described in section 197(e)(3)(A)(i), to which section 167 applies, and which is placed in service in a taxable year beginning after 2002 and before 2014,


  

(B) which is section 1245 property (as defined in section 1245(a)(3)), and


(C) which is acquired by purchase for use in the active conduct of a trade or business

#### Citation:
  - *26 U.S.C. § 179*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

