Depreciation Calculator

Your details

The total purchase price, including delivery and setup.
Estimated resale or scrap value at the end of the useful life.
years
Straight-line spreads cost evenly; the other two front-load the expense.
Turn on to depreciate only part of the first year, with the remainder carried into an extra period.
Currency
First-year depreciation
$4,000.00
Average annual depreciation$4,000.00
First-year monthly average$333.33
Depreciable base$20,000.00
Total depreciation$20,000.00
First-year rate of cost16%
First-year expense$4,000.00
Average per year$4,000.00

Straight-line: a first-year deduction of about 4,000.

  • Straight-line spreads the same expense evenly, so each of the 5 years takes an equal share.
  • Book value falls until it reaches the 5,000 salvage value, and no method depreciates below it.
  • Tax depreciation often uses accelerated systems (like MACRS in the U.S.), so check the rules that apply to your situation.

Next stepUse the yearly schedule to book the expense and track book value on your balance sheet.

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