Is this the full MACRS schedule?

No. It shows first-year MACRS and a simplified straight-line on the remainder. Use IRS tables for exact year-by-year amounts.

Does this include bonus or Section 179?

No. Bonus is separate (see bonus depreciation calculator). Section 179 is not modeled.

What about conventions (half-year/mid-quarter)?

Set the appropriate first-year rate manually based on your convention.

No. It’s a planning snapshot. Consult a tax professional for filings.

Can I change the first-year rate?

Yes—enter the exact table rate for your asset/convention.

finance calculator

MACRS Depreciation Calculator

Estimate first-year MACRS depreciation (table rate) and straight-line on remaining basis for quick planning.

Results

First-year depreciation: $10,000
Remaining basis: $40,000
Straight-line on remainder (per year): $10,000

How to use this calculator

Enter asset cost.
Enter recovery period (e.g., 5, 7).
Enter first-year MACRS rate from the table for your class/convention.
Review first-year depreciation, remaining basis, and straight-line on the remainder.

Inputs explained

First-year rate: Use the MACRS table rate for your asset class and convention (half-year/mid-quarter/mid-month).
Recovery years: Asset class recovery period (e.g., 5-year equipment, 7-year some assets).

How it works

First-year depreciation = Cost × first-year MACRS table rate.

Remaining basis = Cost − first-year depreciation.

Straight-line remainder = Remaining basis ÷ (Recovery years − 1) for a simple planning view.

Formula

First-year depreciation = Cost × First-year rate
Remaining basis = Cost − First-year dep
Straight-line remainder = Remaining basis ÷ (Years − 1)

When to use it

Estimating first-year MACRS deduction for budgeting.
Comparing MACRS vs bonus/Section 179 impacts (bonus modeled separately).
Planning remaining basis after first-year depreciation.

Tips & cautions

This is a simplified view; actual MACRS uses specific table rates each year.
Combine with bonus/Section 179 if applicable (not modeled here).
Set the correct first-year rate for your convention (half-year, mid-quarter, etc.).
Does not apply full MACRS schedule across years; uses straight-line on remainder for simplicity.
Does not model Section 179, bonus, or mid-quarter/half-year conventions beyond the first-year rate input.
Not tax advice; consult IRS tables or a tax pro for exact schedules.

Worked examples

$50k, 5-year, 20% first-year rate

First year = $10,000
Remaining = $40,000
Straight-line remainder ≈ $10,000/yr

$80k, 7-year, 14.29% first-year rate

First year ≈ $11,432
Remaining ≈ $68,568
Straight-line remainder ≈ $11,428/yr (over 6 yrs)

Deep dive

Estimate MACRS depreciation by entering cost, recovery years, and first-year MACRS rate to see first-year deduction and remaining basis.

Use it for quick budgeting; reference IRS tables for exact multi-year schedules.

FAQs

Is this the full MACRS schedule?: No. It shows first-year MACRS and a simplified straight-line on the remainder. Use IRS tables for exact year-by-year amounts.
Does this include bonus or Section 179?: No. Bonus is separate (see bonus depreciation calculator). Section 179 is not modeled.
What about conventions (half-year/mid-quarter)?: Set the appropriate first-year rate manually based on your convention.
Is this tax advice?: No. It’s a planning snapshot. Consult a tax professional for filings.
Can I change the first-year rate?: Yes—enter the exact table rate for your asset/convention.

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Simplified MACRS estimate. Not a full depreciation schedule. Does not include bonus/Section 179 or conventions beyond the first-year rate. Consult IRS tables and a tax professional for accurate reporting.