depreciation_macrs
Calculate MACRS depreciation schedules for assets with 3, 5, 7, or 10-year recovery periods to determine tax-deductible depreciation expenses.
Instructions
Calculate MACRS depreciation schedule
Input Schema
Name | Required | Description | Default |
---|---|---|---|
cost | Yes | ||
recoveryPeriod | Yes | MACRS recovery period in years |
Input Schema (JSON Schema)
{
"properties": {
"cost": {
"type": "number"
},
"recoveryPeriod": {
"description": "MACRS recovery period in years",
"enum": [
3,
5,
7,
10
],
"type": "number"
}
},
"required": [
"cost",
"recoveryPeriod"
],
"type": "object"
}