Free Tax Calculators

MACRS Depreciation Calculator

Build a MACRS schedule for personal property or real property placed in service this year.

Percentages are the half-year and mid-month tables in Publication 946. They are not inflation-adjusted.

Used for real property. Use 1 for January.

Estimate

$2,000.00

Year 1
$2,000.00
Year 2
$3,200.00
Year 3
$1,920.00
Year 4
$1,152.00
Year 5
$1,152.00
Year 6
$576.00
  • This estimate is calculated in your browser and is not sent to a server.
  • Half-year convention for 3, 5, 7, and 15-year property. Mid-month convention for real property. Mid-quarter is not available.

Limits of this estimate

  • The mid-quarter convention is not available.
  • The schedule uses the general depreciation system.
  • This is educational information, not tax, legal, or accounting advice, and it does not file a return.

Sources