Placed in Service Recovery Period Company Property Cost Convention First year % sample property corporate car $ 45,000 24-Mar 5 half year 20.00% Company A $ Delivery Van Office furniture Machinery Warehouse 55,500 10,250 43,760 1,358,950 22-Apr 4-Jan 26-May 28-Oct Company B $ Apartment Building Furniture Sidewalks and parking lot 2,654,090 35,780 257,890 23-Feb 30-May 21-May Company C $ Private Jet (85% business usage) Corporate ski lodge (75% business use) Mercedes Limo (80% business) 14,780,950 4,575,680 114,670 23-Jun 15-Oct 21-Feb Depreciation Schedules for sample property Total MACRS cost recovery year 1 (no bonus depreciation or $179) 9000 Maximum $179 (assume no taxable income limitation) 10100 Maximum bonus depreciation allowed 18100 MACRS depreciation tables for all assets - assuming no bonus depreciation or $179 depreciation) Asset corporate car Year 1 2 3 4 5 6 Cost 45,000 45,000 45,000 45,000 45,000 45,000 Depr. Expense 9,000 14,400 8,640 5,184 5,184 2,592 Accum Depreciation 9,000 23,400 32,040 37,224 42,408 45,000 Basis 36,000 21,600 12,960 7,776 2,592 Depreciation Schedules for Company A Total MACRS cost recovery year 1 (no bonus depreciation or $179) Maximum $179 (assume no taxable income limitation) OM Maximum bonus depreciation allowed MACRS depreciation tables for all assets - assuming no bonus depreciation or $179 depreciation) Asset Year Cost Depr. Expense Accum Depreciation Basis Depreciation Schedules for Company B Total MACRS cost recovery year 1 (no bonus depreciation or $179) Maximum $179 (assume no taxable income limitation) OOO Maximum bonus depreciation allowed MACRS depreciation tables for all assets - assuming no bonus depreciation or $179 depreciation) Asset Year Cost Depr. Expense Accum Depreciation Basis Depreciation Schedules for Company C Total MACRS cost recovery year 1 (no bonus depreciation or $179) Maximum $179 (assume no taxable income limitation) MON Maximum bonus depreciation allowed MACRS depreciation tables for all assets - assuming no bonus depreciation or $179 depreciation) Asset Year Cost Depr. Expense Accum Depreciation Basis MACRS Asset Life Table This is not a complete list - see PDF file for complete list Class Life Recovery GDS 10 Office Furniture & Fixtures Information Systems Data Handling Equipment, except Computers Airplanes (except those used commercially) & helicopters Automobiles & Taxis Buses Light General Purpose Trucks Heavy General Purpose Trucks Railroad Cars & Locomotives (except owned by RR Trans. Co.) Tractor Units for use over the Road Trailers & Trailer Mounted Containers Land Improvements Residential Rental Property Non-residential Real Property (placed into service after May 13, 1993) 6 6 6 3 9 4 6 15 4 6 20 7 5 5 5 5 5 5 5 7 3 5 15 27.5 39 N See PDF file for complete list if the property listed is not included on this list Add property to the list if you feel you need to Half-Year Convention Mid-Quarter 1st Quarter Year Year Depreciation rate for recovery period 3-year 5-year 7-year 10-year 15-year 20-year 1 33.330% 20.000% 14.290% 10.000% 5.000% 3.750% 2 44.450% 32.000% 24.490% 18.000% 9.500% 2 7.219% 3 14.810% 19.200% 17.490% 14.400% 8.550% 6.677% 4 7.410% 11.520% 12.490% 11.520% 7.700% 6.177% 5 11.520% 8.930% 9.220% 6.930% 5.713% 6 5.760% 8.920% 7.370% 6.230% 5.285% 7 8.930% 6.550% 5.900% 4.888% 8 4.460% 6.550% 5.900% 4.522% 9 6.560% 5.910% 4.462% 10 6.550% 5.900% 4.461% 11 3.280% 5.910% 4.462% 12 5.900% 4.461% 13 5.910% 4.462% 14 5.900% 4.461% 15 5.910% 4.462% 16 2.950% 4.461% 17 4.462% 18 4.461% 19 4.462% 20 4.461% 21 2.231% Depreciation rate for recovery period 3-year 5-year 7-year 10-year 15-year 20-year 1 58.330% 35.000% 25.000% 17.500% 8.750% 6.563% 2 27.780% 26.000% 21.430% 16.500% 9.130% 7.000% 3 12.350% 15.600% 15.310% 13.200% 8.210% 6.482% 4 1.540% 11.010% 10.930% 10.560% 7.390% 5.996% 5 0.000% 11.010% 8.750% 8.450% 6.650% 5.546% 6 0.000% 1.380% 8.740% 6.760% 5.990% 5.130% 7 0.000% 0.000% 8.750% 6.550% 5.900% 4.746% 8 0.000% 0.000% % 1.090% 6.550% 5.910% 4.459% 9 0.000% 0.000% 0.000% 6.560% 5.900% 4.459% 10 0.000% 0.000% 0.000% 6.550% 5.910% 4.459% 11 0.000% 0.000% 0.000% 0.820% 5.900% 4.459% 12 0.000% 0.000% 0.000% 0.000% 5.910% 4.460% 13 0.000% 0.000% 0.000% 0.000% 5.900% 4.459% 14 0.000% 0.000% 0.000% 0.000% 5.910% 4.460% 15 0.000% 0.000% 0.000% 0.000% 5.900% 4.459% 16 0.000% 0.000% 0.000% 0.000% 0.740% 17 0.000% 0.000% 0.000% 0.000% 0.000% 4.459% 18 0.000% 0.000% 0.000% 0.000% 0.000% 4.460% 19 0.000% 0.000% 0.000% 0.000% 0.000% 4.459% 20 0.000% 0.000% 0.000% 0.000% 0.000% 4.460% 21 0.000% 0.000% 0.000% 0.000% 0.000% 0.565% 4.460% Mid-Quarter 2nd Quarter Year 4 Depreciation rate for recovery period 3-year 5-year 7-year 10-year 15-year 20-year 1 41.670% 25.000% 17.850% 12.500% 6.250% 4.688% 2 38.890% 30.000% 23.470% 17.500% 9.380% 7.148% 3 14.140% 18.000% 16.760% 14.000% 8.440% 6.612% 4 5.300% 11.370% 11.970% 11.200% 7.590% 6.116% 5 5 0.000% 11.370% 8.870% 8.960% 6.830% 5.658% 6 0.000% 4.260% 8.870% 7.170% 6.150% 5.233% 7 0.000% 0.000% 8.870% 6.550% 5.910% 4.841% 8 0.000% 0.000% 3.340% 6.550% 5.900% 4.478% 9 0.000% 0.000% 0.000% 6.560% 5.910% 4.463% 10 0.000% 0.000% 0.000% 6.550% 5.900% 4.463% 11 0.000% 0.000% 0.000% 2.460% 5.910% 4.463% 12 0.000% 0.000% 0.000% 0.000% 5.900% 4.463% 13 0.000% 0.000% 0.000% 0.000% 5.910% 4.463% 14 0.000% 0.000% 0.000% 0.000% 5.900% 4.463% 15 0.000% 0.000% 0.000% 0.000% 5.910% 4.462% 16 0.000% 0.000% 0.000% 0.000% 2.210% 4.463% 17 0.000% 0.000% 0.000% 0.000% 0.000% 4.462% 18 0.000% 0.000% 0.000% 0.000% 0.000% 4.463% 19 0.000% 0.000% 0.000% 0.000% 0.000% 4.462% 20 0.000% 0.000% 0.000% 0.000% 0.000% 4.463% 21 0.000% 0.000% 0.000% 0.000% 0.000% 1.673% Mid-Quarter 3rd Quarter Year Depreciation rate for recovery period 3-year 5-year 7-year 10-year 15-year 20-year 1 25.000% 15.000% 10.710% 7.500% 3.750% 2.813% 2 50.000% 34.000% 25.510% 18.500% 9.630% 7.289% 3 16.670% 20.400% 18.220% 14.800% 8.660% 6.742% 4 8.330% 12.240% 13.020% 11.840% 7.800% 6.237% 5 0.000% 11.300% 9.300% 9.470% 7.020% 5.769% 6 0.000% 7.060% 8.850% 7.580% 6.310% 5.336% 7 7 0.000% 0.000% 8.860% 6.550% 5.900% 4.936% 8 0.000% 0.000% 5.530% 6.550% 5.900% 4.566% 9 0.000% 0.000% 0.000% 6.560% 5.910% 4.460% 10 0.000% 0.000% 0.000% 6.550% 5.900% 4.460% 11 0.000% 0.000% 0.000% 4.100% 5.910% 4.460% 12 0.000% 0.000% 0.000% 0.000% 5.900% 4.460% 13 0.000% 0.000% 0.000% 0.000% 5.910% 4.461% 14 0.000% 0.000% 0.000% 0.000% 5.900% 4.460% 15 0.000% 0.000% 0.000% 0.000% 5.910% 4.461% 16 0.000% 0.000% 0.000% 0.000% 3.690% 17 0.000% 0.000% 0.000% 0.000% 0.000% 4.461% 18 0.000% 0.000% 0.000% 0.000% 0.000% 4.460% 19 0.000% 0.000% 0.000% 0.000% 0.000% 4.461% 20 0.000% 0.000% 0.000% 0.000% 0.000% 4.460% 21 0.000% 0.000% 0.000% 0.000% 0.000% 2.788% 4.460% Mid Quarter 4th Quarter Year Depreciation rate for recovery period 3-year 5-year 7-year 10-year 15-year 20-year 1 8.330% 5.000% 3.570% 2.500% 1.250% 0.938% 2 61.110% 38.000% 27.550% 19.500% 9.880% 7.430% % 3 20.370% 22.800% 19.680% 15.600% 8.890% 6.872% 4 10.190% 13.680% 14.060% 12.480% 8.000% 6.357% 5 0.000% 10.940% 10.040% 9.980% 7.200% 5.880% 6 0.000% 9.580% 8.730% 7.990% 6.480% 5.439% 7 7 0.000% 0.000% 8.730% 6.550% 5.900% 5.031% 8 8 0.000% 0.000% % 7.640% 6.550% 5.900% 4.654% 9 0.000% 0.000% 0.000% 6.560% 5.900% 4.458% 10 0.000% 0.000% 0.000% 6.550% 5.910% 4.458% 11 0.000% 0.000% 0.000% 5.740% 5.900% 4.458% 12 0.000% 0.000% 0.000% 0.000% 5.910% 4.458% 13 0.000% 0.000% 0.000% 0.000% 5.900% 4.458% 14 0.000% 0.000% 0.000% 0.000% 5.910% 4.458% 15 0.000% 0.000% 0.000% 0.000% 5.900% 4.458% 16 0.000% 0.000% 0.000% 0.000% 5.170% 4.458% 17 0.000% 0.000% 0.000% 0.000% 0.000% 4.458% 18 0.000% 0.000% 0.000% 0.000% 0.000% 4.459% 19 0.000% 0.000% 0.000% 0.000% 0.000% 4.458% 20 0.000% 0.000% 0.000% 0.000% 0.000% 4.459% 21 0.000% 0.000% 0.000% 0.000% 0.000% 3.901% Residential Mid-Month (27.5) Year Month 1 3.485% 2 3.182% 3 2.879% 4 2.576% 5 2.273% 6 1.970% 7 1.667% 8 1.364% 9 1.061% 10 0.758% 11 0.455% 12 0.152% 2-9 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 10 11 3.637% 3.636% 3.637% 3.636% 3.637% 3.636% 3.637% 3.636% 3.637% 3.636% 3.637% 3.636% 3.636% 3.637% 3.636% 3.637% 3.636% 3.637% 3.636% 3.637% 3.636% 3.637% 3.636% 3.637% 12 3.64% 3.637% 3.637% 3.637% 3.637% 3.637% 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 13 3.64% 3.64% 3.636% 3.636% 3.636% 3.636% 3.637% 3.637% 3.637% 3.637% 3.637% 3.637% 14 3.64% 3.64% 3.637% 3.637% 3.637% 3.637% 3.636% 3.636% 3.636% 3.636% 3.636% 3.636% 15-27 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 3.64% 28 29 1.97% 0.000% 2.27% 0.000% 2.58% 0.000% 2.88% 0.000% 3.18% 0.000% 3.49% 0.000% 3.64% 0.15% 3.64% 0.46% 3.64% 0.76% 3.64% 1.06% 3.64% 1.36% 3.64% 1.67% Non-Residential Mid-Month (39) Year Month 1 2-39 40 1 2.461% 2.564% 0.107% 2 2.247% 2.564% 0.321% 3 2.033% 2.564% 0.535% 4 1.819% 2.564% 0.749% 5 1.605% 2.564% 0.963% 6 1.391% 2.564% 1.177% 7 1.177% 2.564% 1.391% 8 0.963% 2.564% 1.605% 9 0.749% 2.564% 1.819% 10 0.535% 2.564% 2.033% 11 0.321% 2.564% 2.247% 12 0.107% 2.564% 2.461% Half-Year Convention - Straight line Year Recovery periods in years 3 4 5 6 7 8 9 10 1 16.670% 12.500% 10.000% 8.330% 7.140% 6.250% 5.560% 5.000% 2 33.330% 25.000% 20.000% 16.670% 14.290% 12.500% 11.110% 10.000% 3 33.330% 25.000% 20.000% 16.670% 14.290% 12.500% 11.110% 10.000% 4 16.670% 25.000% 20.000% 16.670% 14.280% 12.500% 11.110% 10.000% 5 12.500% 20.000% 16.660% 14.290% 12.500% 11.110% 10.000% 6 10.000% 16.670% 14.280% 12.500% 11.110% 10.000% 7 8.330% 14.290% 12.500% 11.110% 10.000% 8 7.140% 12.500% 11.110% 10.000% 9 6.250% 11.110% 10.000% 10 5.560% 10.000% 11 5.000% 12 13 14 11 4.550% 9.090% 9.090% 9.090% 9.090% 9.090% 9.090% 9.090% 9.090% 9.090% 9.090% 4.550% 12 4.170% 8.330% 8.330% 8.330% 8.330% 8.330% 8.340% 8.330% 8.340% 8.330% 8.340% 8.330% 4.170% 13 3.850% 7.690% 7.690% 7.690% 7.690% 7.690% 7.690% 7.690% 7.690% 7.700% 7.690% 7.700% 7.690% 3.850% 14 3.570% 7.140% 7.140% 7.140% 7.140% 7.140% 7.140% 7.150% 7.140% 7.150% 7.140% 7.150% 7.140% 7.150% 3.570% 15 3.330% 6.670% 6.670% 6.670% 6.670% 6.670% 6.670% 6.660% 6.670% 6.660% 6.670% 6.660% 6.670% 6.660% 6.670% 3.330% 16 3.130% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 6.250% 3.120% 17 2.940% 5.880% 5.880% 5.880% 5.880% 5.880% 5.880% 5.880% 5.880% 5.880% 5.890% 5.880% 5.890% 5.880% 5.890% 5.880% 5.890% 2.940% 18 2.780% 5.560% 5.560% 5.550% 5.560% 5.550% 5.560% 5.550% 5.560% 5.550% 5.560% 5.550% 5.560% 5.550% 5.560% 5.550% 5.560% 5.550% 2.780% 19 2.630% 5.260% 5.260% 5.260% 5.260% 5.260% 5.260% 5.260% 5.270% 5.260% 5.270% 5.260% 5.270% 5.260% 5.270% 5.260% 5.270% 5.260% 5.270% 2.630% 20 2.500% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 5.000% 2.500% 22 2.273% 4.545% 4.545% 4.545% 4.546% 4.545% 4.546% 4.545% 4.546% 4.545% 4.546% 4.545% 4.546% 4.545% 4.546% 4.545% 4.546% 4.545% 4.546% 4.540% 4.54694 4.545% 2.273% 24 2.083% 4.167% 4.167% 4.167% 4.167% 4.167% 4.167% 4.167% 4.167% 4.167% 4.166% 4.167% 4.166% 4.167% 4.166% 4.167% 4.166% 4.167% 4.166% 4.167% 4.166% 4.167% 4.166% 4.167% 2.083% 25 28 2.000% 1.786% 4.000% 3.571% 4.000% 3.571% 4.000% 3.571% 4.000% 3.571% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 4.000% 3.571% 4.000% 3.572% 2.000% 3.571% 3.572% 3.571% 1.786% 15 30 1.667% 3.333% 3.333% 3.333% 3.333% 3.333% 3.333% 3.333% 3.333% 3.333% 3.333% 3.333% 3.334% 3.333% 3.334% 3.333% 3.334% 3.333% 3.334% 3.333% 3.334% 3.333% 3.334% 3.333% 3.334% 3.333% 3.334% 3.333% 3.334% 3.333% 1.667% 16 17 18 19 20 35 1.429% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.857% 2.858% 2.857% 2.858% 2.857% 2.858% 2.857% 2.858% 2.857% 1.429% 21 22 23 24 25 26 40 1.250% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 2.500% 1.250% 0.000% 45 1.111% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.222% 2.223% 2.222% 2.223% 2.222% 2.223% 2.222% 2.223% 2.222% 2.223% 2.222% 2.223% 2.222% 2.223% 2.222% 2.223% 2.222% 2.223% 2.222% 2.223% 1.111% 0.000% 0.000% 50 1.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 2.000% 1.000% 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47-50 51
