Depreciation Calculator
Asset Details
Depreciation Analysis
Total Depreciation
$0
Annual Depreciation
$0
Depreciable Base
$0
Recovery Period
5 years
Year | Depreciation | Book Value | Accumulated |
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Understanding Depreciation
Depreciation Methods
Straight Line
- Equal annual amounts
- Simple to calculate
- Most common method
- Consistent expenses
Declining Balance
- Accelerated depreciation
- Higher early expenses
- Common for technology
- Tax advantages
Key Terms
- Asset cost (basis)
- Salvage value
- Useful life
- Book value
- Accumulated depreciation
Tax Considerations
- Section 179 expensing
- Bonus depreciation
- MACRS depreciation
- Tax deduction timing
- Asset classification