{% extends "base.html" %}
{% from "_macros.html" import year_picker %}
{% block title %}Depreciation {{ year }}{% endblock %}
{% block content %}
MACRS straight-line, mid-month convention (Form 4562, Part III), unless a property has its own list of
assets with other methods. Improvements are depreciated from the date they were paid. No properties yet.Depreciation — {{ year }}
{{ block.property.name }}
Edit purchase details and assets
{% for r in block.assets %}{% set a = r.asset %}
Asset Placed in service Basis Method Prior years {{ year }} Accumulated Remaining
{% else %}
{{ a.description }} {{ a.in_service.isoformat()|usdate }} {{ a.basis_cents|money }}
{{ a.label }} {{ r.prior|money }}
{{ r.current|money }} {{ r.accumulated|money }} {{ r.remaining|money }}
{% endfor %}
{% if block.assets %}Nothing to depreciate — enter the purchase price, land value and placed-in-service date.
{% if block.amortization_current %}Depreciation (Schedule E line 18) {{ block.total_current|money }} {{ block.total_accumulated|money }} {% endif %}{% endif %}
Amortization (Schedule E line 19) {{ block.amortization_current|money }}
If you bought a property before using Bookkeeper, the prior-year column assumes depreciation was taken every year since it was placed in service (the IRS treats depreciation as “allowed or allowable” either way). Amounts can differ from IRS percentage tables by a few cents due to rounding.
{% endblock %}