@jwolosenko wrote:
What/how is a Section 179 "income limit"
With respect to Section 179 deductions, there is a dollar limitation and an income limitation.
I have to presume you are running into the income limitation, which is as follows:
A taxpayer’s § 179 deduction for any taxable year...is limited to the taxpayer’s taxable income for that taxable year that is derived from the taxpayer’s active conduct of any trade or business during that taxable year.
See https://www.irs.gov/pub/irs-drop/rp-19-08.pdf
