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Depreciation Calculator — Asset Value Decline Calculator
Calculate asset depreciation using different methods for tax and accounting
📊Depreciation Methods
Straight-Line
Equal annual depreciation
Most common method
Declining Balance
Higher initial depreciation
Accelerated method
Units of Production
Based on actual usage
For equipment/machinery
Sum of Years
Accelerated depreciation
Complex calculation
🏢Common Asset Categories
Office Equipment
5-7 years
Computers, furniture
Vehicles
5 years
Cars, trucks
Machinery
7-10 years
Manufacturing equipment
Buildings
27.5-39 years
Commercial/residential
Software
3 years
Technology assets
💰Tax Benefits & Considerations
• Depreciation reduces taxable income
• Section 179 allows immediate expensing
• Bonus depreciation for qualifying assets
• Consult tax professional for specifics
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📚 Learn How to Use This Calculator
Master the depreciation calculator with our comprehensive step-by-step guide, complete with examples, tips, and frequently asked questions.
📖Read the Guide