Depreciation Calculator
Calculate asset depreciation using straight-line, declining balance, and sum-of-years methods. Perfect for accounting, tax purposes, and financial planning.
Depreciation Calculator
Depreciation Results
Enter asset details to calculate depreciation
Depreciation Information
Depreciation Methods
- • Straight-Line: (Cost - Salvage) ÷ Useful Life
- • Declining Balance: Cost × Rate × (1 - Rate)^(Year-1)
- • Sum-of-Years: (Cost - Salvage) × (Remaining Life ÷ Sum of Years)
- • MACRS: Modified Accelerated Cost Recovery System
- • Units of Production: Based on usage or production
Tax Considerations
- • Tax Depreciation: May differ from book depreciation
- • Section 179: Immediate expensing for small businesses
- • Bonus Depreciation: Additional first-year depreciation
- • Local Regulations: Check state and local tax laws
- • Professional Advice: Consult tax professional