Straight-Line Depreciation Calculator

Calculate annual asset depreciation for tax purposes.

Asset Cost ($) Salvage Value ($) Useful Life (Years)

What is Straight-Line Depreciation Calculator?

Straight-line depreciation spreads the cost of a business asset evenly across its useful life, reducing your taxable income each year. This is the most commonly used depreciation method for accounting and tax purposes, and this calculator makes the computation instant and accurate.

How to Use This Tool

1. Enter the original purchase cost of the asset. 2. Input the estimated salvage value at the end of its useful life. 3. Enter the asset's useful life in years. 4. Calculate to see the annual depreciation expense.

💡 Pro Tip: Keep a depreciation schedule for every business asset you own — equipment, computers, vehicles, and furniture all qualify. Even small assets add up to meaningful deductions. Use this calculator to build that schedule and reduce your tax bill legally!