topic Section 179 (or Bonus Depreciation) for Equipment Purchased from Abroad in Get your taxes done using TurboTax

Section 179 (or Bonus Depreciation) for Equipment Purchased from Abroad

ndc24075 — Tue, 10 Mar 2026 07:21:21 GMT

My company (a single-member LLC) plans to purchase some computer servers from a foreign company and ship them back to the US in 2023. I wonder if I can use Section 179 or Bonus Depreciation to deduct them in 2023. I was looking for exclusions for assets acquired from aboard but couldn't find clauses for my case. I know assets used outside of the US will not qualify but my case will have them shipped to the US. Thanks.

Re: Section 179 (or Bonus Depreciation) for Equipment Purchased from Abroad

Anonymous_ — Thu, 15 Dec 2022 16:52:27 GMT

@pk ?

Re: Section 179 (or Bonus Depreciation) for Equipment Purchased from Abroad

pk — Sun, 18 Dec 2022 21:07:20 GMT

@ndc24075 , as far as I know and as per 26 USC section 179 statute, there is no limitation as to where you get the machinery from for use ( and take advantage of section 179 ) in your US entity. Please note that while section 179 allows the capital asset to be essentially de-assetized ( i.e. expensed as if the life was 1 year ), the actual class life is still valid and therefore if disposed of before end-of class life, will require depreciation claw back.

I say above i.e. get your asset from anywhere in the world but it is subject to treasury rules of sanctioned countries and entities. So there is a limitation of sourcing.

Does this make sense ?

Re: Section 179 (or Bonus Depreciation) for Equipment Purchased from Abroad

ndc24075 — Mon, 19 Dec 2022 15:57:15 GMT

@pk Thanks very much for the clarification.