Depreciation Worksheet (Keep for your records.)
Depreciation Worksheet (Keep for your records.)
Summary: This is an example of a depreciation worksheet for record keeping of the information concerning the depreciation of business property as described in the text. The column headings are:
| Description of Property |
| Date Placed in Service |
| Cost or Other Basis |
| Business/Investment Use % |
| Section 179 Deduction Special Allowance, and Other Basis Reductions |
| Depreciation Prior Years |
| Basis for Depreciation |
| Method/Convention |
| Recovery Period |
| Rate or Table % |
| Depreciation Deduction |