MACRS Depreciation Calculator
Calculate depreciation using MACRS, Section 179, and Bonus Depreciation for business assets placed in service.
Asset Information
Depreciation Options
Depreciation Summary
Asset Cost:$50000.00
Recovery Period:5 Years
Section 179:$0.00
Bonus Depreciation:$30000.00
First Year Depreciation
$34000.00
Includes Section 179 + Bonus + MACRS first-year deduction
MACRS Depreciation Schedule
| Year | Depreciation | Accumulated |
|---|---|---|
| 2024 | $4000.00 | $34000.00 |
| 2025 | $6400.00 | $40400.00 |
| 2026 | $3840.00 | $44240.00 |
| 2027 | $2304.00 | $46544.00 |
| 2028 | $2304.00 | $48848.00 |
| 2029 | $1152.00 | $50000.00 |
Remaining Basis
$0.00 of original $50000.00 cost remaining to depreciate.
Key Rules
- Section 179: Immediate expensing up to $1.22M (2024). Phase-out at $3.05M total assets.
- Bonus Depreciation: 60% (2024), 40% (2025), 20% (2026), 0% after. Applies to remaining basis.
- MACRS: Accelerated depreciation using IRS tables. Half-year convention for personal property.
- Real property uses straight-line over 27.5 (residential) or 39 (commercial) years.