Added 1976-06-26 07:11:56
App Freshness



Business Compass LLC
Post Date:
2017-08-17 19:11:56

Download MACRS »

The Modified Accelerated Cost Recovery System (MACRS) is the current methodology in the U.S. tax system for recovery of capitalized costs of depreciable tangible property other than natural resources. Under this system, the capitalized cost (basis) is recovered over a specified life by annual deductions for depreciation. The lives are specified broadly in the Internal Revenue Code, and detailed tables of lives by classes of assets are published by the Internal Revenue Service (IRS). The deduction for depreciation is computed under one of two methods (declining balance switching to straight line or straight line) at the election of the taxpayer, with limitations.

This app calculates MACRs depreciation.


One depreciation method can be chosen from GDS and ADS system can be selected.

Starting month between 1 thru 12 need to be specified. If nothing is specified, January is considered as starting month. If a number greater than 12 is supplied, December is considered as the starting month.

Property class can be selected from picker.

Asset life is calculated based on the depreciation system and property class.

Depreciation Schedule:

Yearly beginning book value, depreciation expense, depreciation rate, accumulated depreciation, depreciation rate and ending book value are presented for the life of the asset.

This app covers 27.5 year residential rental property and 39 year non-residential real estate.

Cumulative Accumulated Depreciation (AD) and remaining Book Value (BV) Chart is displayed.


  • MACRS Screenshot
  • MACRS Screenshot

Stats for MACRS

Users that made this app Fresh

Freshness Badge

To add a FreshApps Badge for MACRS to your site:

1) Copy the HTML code snippet and paste it into your site.
2) The badge will automatically display on your web page with the MACRS iPhone App's current data.

Featured iPhone App

About Fresh Apps

iPhone icon - Fresh AppFresh Apps is all about finding the best iPhone Apps. The idea is really simple:
- If you like the app
- if you use the app
- if it makes you smile
Then + Make it fresh!

Advertise on Fresh Apps...

New to Fresh Apps?

iTunes App Store, Fresh Apps is betterThere are a couple of things you need to see! So grab a cup of coffee and sit back and enjoy finding a few new iPhone Apps.
- Most Fresh iPhone Apps
- Most Fresh FREE iPhone Apps
- Newest iPhone Apps


Fresh Apps Stats

Total iPhone Apps:
Free iPhone Apps:
Total Users:
Total Comments:
Total Freshness:
Avg # of Apps Added Daily:

XHTML | CSS | © 2008-2009 Fresh Apps. All Rights Reserved

Fresh Apps Grass... Ahhh, picturesque.