DepreciationPro

Tax depreciation software for CPA firms

Ready for the return.

Fixed asset depreciation software built for accountants. Federal and all 50 states from one asset register, Form 4562 and 4797 mapped line by line, then exported to the tax software you already use.

Federal

Current law, already in the engine.

OBBBA limits and bonus rates are built in. Rule changes ship as they take effect, with no patch cycle to schedule.

DepreciationPro Depreciation Schedule for a sample client: 14 assets grouped by 5, 7, and 15-year property, with placed-in-service date, method, convention, cost, Section 179, bonus, current-year depreciation, ending accumulated depreciation, and remaining basis, totaling $218,541.08 current-year depreciation.
The Depreciation Schedule for a sample client, grouped by recovery period.

MACRS GDS and ADS

Every property class, with the switch to straight-line at the point that maximizes the deduction.

Section 179

$2,560,000 limit and $4,090,000 phase-out (2026), with business income limitation tracking across activities.

Bonus depreciation

100% for property acquired after January 19, 2025 under OBBBA. Prior rates for earlier acquisitions, picked from the dates.

Vehicles and Section 280F

Year-by-year caps, listed property business-use tracking, and VIN lookup that fills in GVWR.

Real property

27.5-year residential and 39-year nonresidential with mid-month convention, ADS 30- and 40-year recovery, and 15-year QIP eligible for bonus.

Disposals

Gain or loss, depreciation recapture, and ordinary versus capital classification per asset.

State

All 50 states and DC. No per-state pricing.

Conformity rules checked against state revenue department publications and Bloomberg Tax. States that decouple from federal bonus get their add-back and subtraction schedules automatically.

OBBBA decoupling

CA, NY, NJ, GA, NC, CT, PA, and IL tracked, with add-back and subtraction schedules per jurisdiction.

14 named state forms

CA FTB 3885, NY CT-399 and IT-399, NJ GIT-DEP, GA 600, NC CD-405, WI 4562W, and more.

Multi-state allocation

Split an asset across states by percentage, before state conformity rules apply.

Forms

The forms, filled from the register.

Form 4562, Parts I to V

Mapped line by line, with a separate 4562 per activity and Section 179 allocated across them.

Form 4797

Disposition gain or loss and recapture for every disposed asset.

AMT adjustment

The depreciation adjustment and the Form 6251 line 2l figure.

QBI qualified property

UBIA per activity for the W-2/UBIA limitation.

Into the return

Export to the tax software you already use.

Set the firm’s tax software once, then export from any report. Each target comes with in-app import instructions.

  • UltraTax CS
  • Lacerte
  • ProSeries
  • CCH Axcess
  • CCH ProSystem fx
  • Drake
  • GoSystem
  • ONESOURCE

See it on one of your clients.

Book a 15-minute call, or run your first client free. No credit card, no expiration.