You must generally use MACRS to depreciate real property that you acquired for personal use before 1987 and changed to business or income-producing use after 1986.

MACRS Year 3-Yr 5-Yr 7-Yr 10-Yr 15-Yr 20-Yr 1 33.33 20.00 14.29 10.00 5.00 3.75 2 44.45 32.00 24.49 18.00 9.50 7.219 […]

Mar 27, 2025 · Use our free MACRS depreciation calculator to compute the deductible amount for each year of the asset’s life. The IRS’s MACRS depreciation tables are included, along with an …

Feb 15, 2025 · The modified accelerated cost recovery system (MACRS) is the proper depreciation method for most assets. MACRS allows for greater accelerated depreciation over longer time periods.

Learn how to navigate MACRS depreciation for various asset classes, from vehicles to buildings, and discover when to use straight-line versus declining balance methods.

With this handy calculator, you can calculate the depreciation schedule for depreciable property using Modified Accelerated Cost Recovery System (MACRS).

The depreciation rates under MACRS are accelerated, meaning a higher percentage of an asset's cost is deducted in the earlier years, gradually decreasing in subsequent years.

This publication explains how you can recover the cost of business or income-producing property through deduc-tions for depreciation (for example, the special deprecia-tion allowance and …

MACRS tables MACRS Table MACRS – Mid-Quarter (Qtr-1) Table MACRS – Mid-Quarter (Qtr-2) Table MACRS – Mid-Quarter (Qtr-3) Table MACRS – Mid-Quarter (Qtr-4) Table MACRS – 27.5-Year …

Each MACRS class has a predetermined schedule which determines the percentage of the asset's costs which is depreciated each year. For more information, see Part III.