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Calculate asset depreciation using straight-line, declining balance, and IRS MACRS methods with full year-by-year schedules.
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.
Generate complete depreciation schedules for accounting and tax purposes using all major methods.
Enter asset cost, salvage value, and useful life.
Choose your depreciation method.
View the full year-by-year depreciation schedule.
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.