### Question
How is the term section 179 property defined?


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

> 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) and to which section 167 applies,


  


(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**

