

Placed in Service: 8/2012, First Year: 4.5 months, Last Year: 7.5 months


OR enter a 1 to list years using digits 1 through the last year Inputs Cost Basis the original value of your property or the depreciable cost Recovery Period the number of years during which the cost basis of an item of property is recovered Placed in Service select the month and enter the year the asset started being used for its intended purpose Year enter 1 or 4 digits enter a four digit year to use your actual years The IRS also allows calculation of depreciation through table factors listed in Publication 946 linked below. This calculator calculates depreciation by a formula. It assumes MM (mid month convention) and S/L (straight-line depreciation). Use this calculator specifically to calculate depreciation of residential rental or nonresidential real property related to IRS form 4562 lines 19 and 20.
