{% extends "base.html" %} {% from "_macros.html" import year_picker %} {% block title %}Depreciation {{ year }}{% endblock %} {% block content %}

Tax center /

Depreciation — {{ year }}

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.

{{ year_picker(years, year, 'main.report_depreciation') }} CSV
{% for block in sched %}

{{ block.property.name }}

Edit purchase details and assets
{% for r in block.assets %}{% set a = r.asset %} {% else %} {% endfor %} {% if block.assets %} {% if block.amortization_current %}{% endif %}{% endif %}
AssetPlaced in serviceBasisMethodPrior years{{ year }}AccumulatedRemaining
{{ 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 }}
Nothing to depreciate — enter the purchase price, land value and placed-in-service date.
Depreciation (Schedule E line 18){{ block.total_current|money }}{{ block.total_accumulated|money }}
Amortization (Schedule E line 19){{ block.amortization_current|money }}
{% else %}

No properties yet.

{% endfor %}

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 %}