Basic Depreciation Calculator

This calculator can be used to perform depreciation calculations for different depreciation
methods without the use of half-year, mid-quarter, or mid-month conventions. Do not use
this calculator for tax reporting.

Asset Depreciation Information

Asset Description
Category
Purchase Price (P)
Salvage Value (Sn)
Depreciation Period (n)
Depreciation Method

Charles Coker, CPA ,

LLC

9,000
200
5
SL

DB Factor

Cumulative
1,760.00
3,520.00
5,280.00
7,040.00
8,800.00
-

Book Value
7,240.00
5,480.00
3,720.00
1,960.00
200.00
-

Depreciation Schedule
Year
1
2
3
4
5
Basic

Depreciation
1,760.00
1,760.00
1,760.00
1,760.00
1,760.00
-

200%

[42]

Charles Coker, CPA, LLC Confidential

Page 1

Basic

Charles Coker, CPA, LLC Confidential

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MACRS Depreciation Rate Calculator

This calculator should not be used for tax reporting. The depreciation rate is calculated,
but the calculated rate can be off by as much as 0.01% due to rounding. You should verify the
rates with the official MACRS tables. Consult the official IRS publication to determine the
Convention, Recovery Period, Asset Class, Depreciation Basis, and allowable Method.

Asset Depreciation Information

Asset Description
Asset Class
Depreciation Basis
Recovery Period (n)
Depreciation Method
Convention
Placed in Service
Last Year of Depreciation

Charles Coker, CPA ,

LLC

1,000
5
SL
Half-Year
4

DB Factor

200%

Book Value
900.00
700.00
500.00
300.00
100.00
0.00
-

Rate (dj)

Depreciation Schedule
Year
1
2
3
4
5
6
MACRS_Rate

Depreciation
100.00
200.00
200.00
200.00
200.00
100.00
-

[42]

Cumulative
100.00
300.00
500.00
700.00
900.00
1,000.00
-

Charles Coker, CPA, LLC Confidential

10.000%
20.000%
20.000%
20.000%
20.000%
10.000%
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Depreciation Schedule
Year
-

MACRS_Rate

Depreciation
-

[42]

Cumulative
-

Book Value
-

Charles Coker, CPA, LLC Confidential

Rate (dj)
-

Page 4

MACRS Depreciation Calculator

This calculator uses the depreciation basis reduction approach to calculate depreciation using MACRS
conventions. This approach allows adjustments to be made to the basis within the depreciation schedule for
purposes such as losses and improvements. Adjustments entered in year j affect the depreciation basis
for year j. This calculator should not be used for official tax reporting.

Charles Coker, CPA ,

LLC

Asset Depreciation Information

Asset Description
Asset Class
Depreciation Basis
Recovery Period (n)
Depreciation Method
Convention
Placed in Service Month
Last Year of Depreciation
First Year Fraction

7,500
7
SL
Mid-Month
1

DB Factor

200%

8
0.9583

Depreciation Schedule
Year
1
2
3
4
5
6
7
8
-

MACRS

Adjustments
500

[42]

Basis

Dj (SL)

Dj (DB)

Depreciation

Cumulative

Book Value

7,500.00
6,973.21
5,319.02
4,264.01
3,209.00
2,153.99
1,098.97
43.96
-

1,026.79
1,154.19
1,055.01
1,055.01
1,055.01
1,055.02
1,055.01
43.96
-

0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-

1,026.79
1,154.19
1,055.01
1,055.01
1,055.01
1,055.02
1,055.01
43.96
-

1,026.79
2,180.98
3,235.99
4,291.00
5,346.01
6,401.03
7,456.04
7,500.00
-

6,473.21
5,319.02
4,264.01
3,209.00
2,153.99
1,098.97
43.96
0.00
-

Charles Coker, CPA, LLC Confidential

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Depreciation Schedule
Year
-

MACRS

Adjustments

[42]

Basis

Dj (SL)

Dj (DB)

Depreciation

Cumulative

Book Value

Charles Coker, CPA, LLC Confidential

Page 6