MACRS Depreciation Explained

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MACRS is the modified accelerated cost recovery system for the U.S. income tax. This video shows two examples:

5 year MACRS
7 year MACRS

MACRS assumes zero salvage value and the half year convention.
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01/05/2024

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Thanks! Engineering senior, taking industrial econ and was confused about this. Helps a lot.

naughtyauty
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Thank you so much for this breakdown using Excel. As a tax professional that is pursuing a career in accounting, this makes it easier to understand.

doyliansettles