Depreciation Calculator

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2011 DEPRECIATION CALCULATOR

Purchase Amount:

Depreciation Schedule:

5 years

First Year Deduction with New Act
	(Section 179 Deduction)
	(100% bonus under new law)
	(MACRS for the remaining balance)
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	Total First Year Deduction

First Year Deduction Prior to New Act
	(No bonus prior to new law)
	(Normal first year MACRS depreciation)
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	Total First Year Deduction

This is a conservative approach of depreciation using MACRS on 5 year property. Final IRS regulations have not been published, and some accelerated methods may be available for some or all of the above depreciation schedules.

The following information is provided by Colorbiotics as an example for owners of businesses and is not to be considered tax advice or a representation of an individual’s specific tax savings calculation. Please contact your tax professional for more information regarding the stimulus act and how it can be applied to an individual’s tax liability. Additional information can be found online at irs.gov, the official website of the Internal Revenue Service.

Sales / Service ▪ Depreciation Calculator