This calculator will calculate an asset's depreciation expense based on its acquisition cost, salvage value, and expected useful life.

Plus, the calculator also calculates first and final year depreciation expenses in cases where the asset is placed in service for a partial first year.

Finally, the calculator also gives you the option to include a year-by-year depreciation schedule in the results -- along with button to open the schedule in a printer friendly window.

Note that if you would like to calculate double declining depreciation (DDB), please visit the DDB Calculator.

Or, if you would like calculate or learn about the Modified Accelerated Cost Recovery System (MACRS) method, please visit the MACRS Calculator.

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