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


### Answer
The term **section 179 property** is defined in *26 U.S.C. § 179* as follows -

> 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—


(i) section 1245 property (as defined in section 1245(a)(3)), or


(ii) at the election of the taxpayer, qualified real property (as defined in subsection (f)), 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**

