Both Section 179 expense and the special depreciation allowance allow you to write off up to 100% of the business portion of your asset in the current year. Which is better for you depends on your circumstances.
Section 179 expense gives you more flexibility to choose to write off some of the asset in the current year, and depreciate the remainder over future years. If you write off the entire amount, and your Section 179 deduction exceeds your business income, you can carry the unused Section 179 forward to future years.
The special depreciation allowance can be taken even if it exceeds your business income, and businesses with a net loss qualify to carry forward the special depreciation to a future year.
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