Guides
Depreciation guides
Each guide answers one question with worked numbers, cites the IRS document behind each rule, and links to a calculator preset where one helps.
Tax depreciation
Section 179, bonus depreciation, Form 4562 and recapture.
- Tax depreciation
Section 179 deduction: limits for 2025 and 2026, and when to use it
The Section 179 limit is $2,500,000 for 2025 and $2,560,000 for 2026. What qualifies, the business-income limit, the SUV cap, and how it compares with bonus depreciation.
- Tax depreciation
Bonus depreciation in 2025 and 2026: 100%, 40% or 20%?
Bonus depreciation is 100% for property acquired after January 19, 2025. The acquisition-date rule, the 40% election, the phase-down for older property, examples.
- Tax depreciation
Depreciation recapture: what happens to depreciation when you sell
How depreciation comes back when you sell: section 1245 recapture on equipment and vehicles, unrecaptured section 1250 gain on rental buildings, with examples.
- Tax depreciation
Form 4562: who files it and which line each number goes on
When you need Form 4562, what each part is for, and where Section 179, bonus depreciation, MACRS and vehicle depreciation go, with two filled-in examples.
Rental property
Buildings, land and improvements for landlords.
- Rental property
Rental property depreciation: land, building and the 27.5-year table
How to depreciate a rental house: separate the land, find your basis, use the 27.5-year mid-month table, and handle improvements, appliances and a former home.
Bookkeeping
Recording fixed assets and depreciation in the books.
- Bookkeeping
Depreciation journal entries: purchase, depreciation and sale
Journal entries for a fixed asset from purchase to sale: cost, depreciation, accumulated depreciation, book value, and a gain or loss on disposal.