Frequently Asked Questions
Find answers about depreciation calculations, state tax coverage, compliance forms, imports, pricing, and security.
Getting Started
How do I get started?
Click "Start with your first client free" and create your account. Your first client, entity, and tax return are free, with no credit card and no expiration. When you're ready to add a second client or go past 300 assets, you upgrade to a paid plan. Your free work stays fully editable.
Can I import my existing asset data?
Yes. Upload your asset register and DepreciationPro™ handles the rest. We import from CCH Axcess, CCH ProSystem fx, Bloomberg Tax, UltraTax CS, Lacerte, ProSeries, Drake, Fixed Assets CS, AssetKeeper Pro, and generic spreadsheets, and normalize 75+ depreciation method code variations automatically, so you don't have to clean up your data before importing.
Is there sample data to explore?
New accounts include a sample client with realistic assets so you can explore depreciation schedules, reports, and Form 4562 mapping before adding your own data. The sample client is clearly marked and can be deleted or archived like any other client. It doesn't count toward free-plan limits.
How long does setup take?
Import existing data or start fresh. Most firms are running depreciation within 15 minutes. No configuration wizards, no implementation calls. Create an account, import your assets, and start calculating.
Depreciation Calculations
What depreciation methods are supported?
MACRS GDS (200% DB for 3/5/7/10-year property, 150% DB for 15/20-year property), with the GDS straight-line and 150% DB elections, and MACRS ADS (straight-line). Section 179 expense deduction up to $2,560,000 for 2026, with the phase-out beginning at $4,090,000. 100% bonus depreciation for property acquired after January 19, 2025, with class-by-class elect-out and the reduced-rate (40%/60%) election for property placed in service in the first tax year ending after January 19, 2025. Units of production. Recovery periods: 3, 5, 7, 10, 12, 15, 20, 25, 27.5, 30, 39, and 40 years. Mid-quarter convention is tested automatically when more than 40% of the year's personal property is placed in service in Q4.
How do you handle vehicles and listed property?
Section 280F depreciation caps for passenger vehicles, business use percentage tracking, listed property rules, and heavy SUV/truck exemptions for vehicles over 6,000 lbs GVWR. The 2026 SUV Section 179 limit is $32,000. VIN lookup decodes the vehicle and fills in GVWR, which drives the Section 280F and heavy-vehicle determination.
Do you support real property?
Yes. Residential rental (27.5 years) and nonresidential real property (39 years) with mid-month convention, ADS 30- and 40-year recovery, and qualified improvement property as 15-year property eligible for bonus depreciation.
How accurate are your calculations?
Calculations use official IRS MACRS percentage tables and are validated by 19,000+ automated tests. These are numbers you can put on a return and defend in an audit. Every report includes full calculation breakdowns showing the method, convention, and recovery period applied.
What about asset disposals?
Full and partial disposals with gain/loss calculations. Supported disposition types: sale, Section 1031 like-kind exchange, Section 1033 involuntary conversion, casualty and theft, abandonment, retirement, gift, and installment sale. Section 1245 ordinary income recapture and Section 1250 unrecaptured gain are computed automatically.
Do you support cost segregation?
Yes. Run cost segregation studies inside DepreciationPro with a guided study wizard and 120 component templates across eight property types, then push the reclassified components into the asset register. Look-back studies include Form 3115 support. Studies are priced per study, by property type.
State Tax
Which states do you cover?
All 50 states plus DC (51 jurisdictions). No per-state add-on pricing. States are selected per return, with apportionment support for multistate filers. Every plan includes full state depreciation coverage and 14 named state forms: AZ, CA, CT, FL, GA, IL, MD, MN, NC, NJ, NY, PA, VA, and WI.
How do you handle state depreciation conformity?
Each state has its own conformity profile: fully conforming, decoupled from bonus depreciation, decoupled from Section 179, or recovering the bonus add-back over a fixed period (for example 4, 5, or 7 years) or over the asset's life. DepreciationPro calculates federal-to-state adjustments automatically based on each state's conformity rules.
Do you generate state-specific depreciation forms?
Yes. 14 custom state form definitions with proper line mapping. State depreciation schedules and federal-to-state reconciliation reports show the differences between federal and state treatment for every asset.
Forms & Compliance
Does DepreciationPro map to Form 4562?
Yes. Automatic line-by-line mapping to Form 4562 Parts I through V: Section 179, the special depreciation allowance, MACRS depreciation, the summary, and listed property. Part VI amortization is available as a supporting workpaper. Per-activity Form 4562 support for partnerships and S corporations.
Do you support Form 4797?
Yes. Section 1245 ordinary income recapture and Section 1250 unrecaptured gain calculations on asset disposals. Gain/loss amounts are computed and ready for Form 4797 reporting.
What about AMT depreciation?
For property placed in service 1999 through 2017, DepreciationPro computes the AMT depreciation adjustment (150% declining balance over the regular recovery period) for Form 6251, alongside regular tax depreciation.
Do you support QBI qualified property?
Yes. Qualified Business Income calculations for Section 199A with UBIA (unadjusted basis immediately after acquisition) tracking. QBI qualified property totals are available for pass-through entity reporting.
GAAP & Multi-Book
Do you support GAAP book depreciation?
Yes. Separate book depreciation records, independent from tax records, with their own method, useful life, and salvage value. Each asset can have both a tax depreciation schedule and a book depreciation schedule running simultaneously.
Can I run tax and book depreciation side by side?
Yes. Multi-book support with tax vs. book reconciliation reports showing the differences by asset. See exactly where tax and book depreciation diverge and by how much, across your entire asset register. California corporate depreciation is supported as its own book.
What book methods are available?
Straight-line (the default), 200% and 150% declining balance, and sum-of-years-digits, all using a 15th-day cutoff for the first month. If you report tax numbers as book, you can also choose MACRS 200% DB, 150% DB, straight-line or ADS with half-year, mid-month or mid-quarter conventions. You set book useful life and salvage value separately from tax recovery periods. MACRS methods ignore salvage.
Import, Export & API
Can I migrate from my current depreciation software?
Yes. Export your asset register from your current tool and upload it. DepreciationPro imports from CCH Axcess, CCH ProSystem fx, Bloomberg Tax, UltraTax CS, Lacerte, ProSeries, Drake, Fixed Assets CS, AssetKeeper Pro, and generic spreadsheets, and normalizes 75+ method code variations automatically, mapping method codes, property types, and conventions.
What import formats are supported?
Excel (.xlsx and .xls) and CSV, with AI column mapping and header detection. PDF depreciation schedules are read with AI, and you can upload a prior-year tax return PDF to pull assets from Form 4562. The import engine handles date format variations, method code normalization, and property type detection. Review and confirm mappings before finalizing.
Does DepreciationPro support VIN lookup?
Yes. VIN lookup decodes the vehicle and fills in GVWR, which drives the Section 280F and heavy-vehicle determination. Batch lookup works on imported vehicle assets too.
Can I roll forward prior-year assets?
Yes. Full rollover support for continuing depreciation on existing assets. Import with accumulated depreciation and remaining recovery periods. DepreciationPro picks up where your previous software left off.
Can I export to my tax software?
Yes. Exports are formatted for UltraTax CS, Lacerte, ProSeries, CCH Axcess, CCH ProSystem fx, Drake, GoSystem, and ONESOURCE, plus journal-entry exports for QuickBooks Online, Sage Intacct, and Xero.
Do you have an API?
Yes. A REST API with per-firm API keys, OpenAPI documentation, and signed outbound webhooks.
Pricing & Billing
Do you charge per asset?
No. Unlimited assets on all paid plans. Whether you have 10 assets or 10,000, the price is the same.
Do I need to buy a full tax suite?
No. DepreciationPro is a standalone, purpose-built depreciation tool. It works with any tax software via Excel and PDF export. No bundled suite, no modules you don't need.
When do I need to upgrade?
When you add a second client, entity, or return, or go past 300 assets on the free plan. Until then, your first client stays free with no expiration. Your existing work is never locked to read-only. No pressure, no surprise charges.
Can I change plans or cancel anytime?
Yes. Upgrade or downgrade anytime. Solo and Firm are billed annually, and Firm is priced per user. Cancel with no penalty.
Security & Data
Is my data secure?
Yes. TLS 1.2+ encryption in transit and AES-256 encryption at rest via Azure Database for PostgreSQL. SOC 2 controls implemented across authentication, logging, and access management. See our Security page for the full list of controls.
How is my firm's data isolated?
Multi-tenant architecture with firm-level data isolation at the database query level. Preset roles (Technical Admin, Manager, Preparer, Reviewer, Read-Only), custom roles, and per-client access restrictions. SSO (SAML and OIDC), multi-factor authentication, and session management to view and revoke active sessions. Every change is logged with user and timestamp. Sign-ins and API calls also record IP address.
Can I export or delete my data?
Full data export to Excel at any time. When you confirm deletion, user personal data is anonymized immediately and firm data is permanently deleted after 30 days. Your data is never sold to third parties.
Ready to get started?
Start with your first client free, or contact us at [email protected]
Start with your first client free