Depreciation Calculator
Build a depreciation schedule for business equipment or vehicles using straight-line, double-declining balance or sum-of-the-years’-digits.
Your numbers
- Total depreciation
- $54,000
- Book value at end
- $6,000
| Year | Expense | Accumulated | Book value |
|---|---|---|---|
| 1 | $7,714 | $7,714 | $52,286 |
| 2 | $7,714 | $15,429 | $44,571 |
| 3 | $7,714 | $23,143 | $36,857 |
| 4 | $7,714 | $30,857 | $29,143 |
| 5 | $7,714 | $38,571 | $21,429 |
| 6 | $7,714 | $46,286 | $13,714 |
| 7 | $7,714 | $54,000 | $6,000 |
How the depreciation calculator works
Straight-line = (cost − salvage) ÷ life. Double-declining = 2 ÷ life × book value each year. SYD = (cost − salvage) × remaining life ÷ sum of years.
Example
Using the default inputs (Asset cost: $60,000; Salvage value: $6,000; Useful life (years): 7; Method: Straight-line), the calculator returns first-year depreciation of $7,714. Change any field above to see your own result and charts update instantly.
Good for these goals
Frequently asked questions
Which method is best?
Faster methods deduct more early; your tax rules (MACRS, Section 179, bonus depreciation) may apply instead.
Does land depreciate?
No. Land is not depreciable.
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Estimates are for educational purposes only and are not financial, tax or legal advice. Results depend on your inputs and simplified assumptions; tax figures reflect 2026 federal rules and may differ from your situation. See our disclaimer. © 2026 FinanzCalc.