INCOME & TAX

Depreciation Calculator

Depreciation: Full-year book depreciation with salvage floor.

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Depreciation Calculator for United States

USD · 12,345.67US customary measurementsRoad distance: miles

United States planning scenario. Amounts, prices and rates are editable examples. No verified local tax bands, exemptions, benefits or lender rules are applied. Currency amounts are not exchanged.

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Your details

USD
Example only. Enter the amount or rate applicable to your situation in United States.
USD
Example only. Enter the amount or rate applicable to your situation in United States.
Enter a whole number.

First-year depreciation

$1,800.00

Amounts in USD · United States · editable planning estimate

Total depreciation$9,000.00
Ending book value$1,000.00
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How this result was calculated

  1. Year 1: depreciation 1800.00; closing book value 8200.00.
  2. Year 2: depreciation 1800.00; closing book value 6400.00.
  3. Year 3: depreciation 1800.00; closing book value 4600.00.
  4. Year 4: depreciation 1800.00; closing book value 2800.00.
  5. Year 5: depreciation 1800.00; closing book value 1000.00.
  6. Country setup: United States. Displayed measurements are converted to the formula's base units internally.

Assumption: Full-year book depreciation with salvage floor. No tax depreciation tables, partial-year conventions or automatic switch from declining balance to straight line. United States planning scenario. Amounts, prices and rates are editable examples. No verified local tax bands, exemptions, benefits or lender rules are applied. Currency amounts are not exchanged.

Calculation version 1.0.0 · Support state: generic

Formula and method

Straight-line=(cost−salvage)/life. Declining balance applies factor/life to book value. Sum-of-years uses remaining life divided by the triangular sum.

This calculation uses the values you enter. It runs in your browser and does not request a location or account.

Worked example

Cost 10000, salvage 1000 and 5-year straight-line life gives 1800 per year.

Questions people ask

Which method does this tool use?

Straight-line=(cost−salvage)/life. Declining balance applies factor/life to book value. Sum-of-years uses remaining life divided by the triangular sum.

What should I check before using the result?

Full-year book depreciation with salvage floor. No tax depreciation tables, partial-year conventions or automatic switch from declining balance to straight line.