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Annual Depreciation
$9,000.00
Depreciation Rate
18.00%
| Year | Depreciation | Accumulated | Book Value |
|---|---|---|---|
| Year 1 | -$9,000.00 | $9,000.00 | $41,000.00 |
| Year 2 | -$9,000.00 | $18,000.00 | $32,000.00 |
| Year 3 | -$9,000.00 | $27,000.00 | $23,000.00 |
| Year 4 | -$9,000.00 | $36,000.00 | $14,000.00 |
| Year 5 | -$9,000.00 | $45,000.00 | $5,000.00 |
Depreciation Calculator generates year-by-year depreciation schedules using straight-line ((Cost−Salvage)÷Life), double/150% declining balance with automatic switch to straight-line when optimal, and IRS MACRS GDS rates with half-year convention for 5 property classes.
Depreciation Calculator is a high-performance utility designed to help users streamline their workflow. Built with modern web technologies, it ensures fast processing times and high-quality outputs directly in your browser.
Straight-line: annual dep = (Cost − Salvage) ÷ Life. Declining balance: dep = book value × (multiplier / life), switching to SL when SL gives higher deduction, flooring at salvage. MACRS: IRS Rev. Proc. 87-57 percentage tables with half-year convention.
It spreads the cost evenly over the useful life: (Cost − Salvage) ÷ Years.
The Modified Accelerated Cost Recovery System is the IRS standard for tax depreciation of business assets.