From client CSV to Form 4562 in minutes. And no more remoting in.
Import client registers, calculate federal and state depreciation, and get the forms you need. Cloud-native — open a browser and go, from anywhere.
Smart import
Paste or upload any CSV. DepreciationPro maps columns automatically and flags anything that needs a second look.
Review before you commit
See every asset before it hits the register. Adjust method, class life, or convention on the spot.
Export when you're ready
The return shows a live depreciation summary and every asset. Edit anything on the spot. Export any form or all forms, including state, with one click.
Built for the complexity CPAs actually handle
Every feature references specific tax code, form lines, and recovery rules.
Federal Tax Depreciation
MACRS GDS/ADS for all recovery periods. Section 179 up to $2,560,000 (2026). 100% bonus depreciation restored under OBBBA.
- ✓ 3, 5, 7, 10, 15, 20, 27.5, 39-year recovery periods
- ✓ Section 280F vehicle limits with VIN lookup
- ✓ QIP 15-year, real property mid-month convention
- ✓ Half-year and mid-quarter conventions
State Tax Adjustments
All 50 states + DC. Two-source verified conformity rules. Addback and subtraction schedules for every jurisdiction.
- ✓ Conforming, fixed-period, and parallel calculation states
- ✓ OBBBA decoupling handled automatically
- ✓ Multi-state asset allocation with percentage splits
- ✓ State-specific Section 179 and bonus limits
Forms and Compliance
Form 4562 Parts I through V with line-level mapping. Form 4797 Parts I through III for dispositions.
- ✓ Per-activity Form 4562 for multi-business taxpayers
- ✓ Form 4797 for disposals with gain/loss and recapture
GAAP Book Depreciation
Straight-line with full-month convention. Run tax and book side by side. Reconciliation reports for your audit file.
- ✓ Multi-book depreciation (tax, GAAP, AMT)
- ✓ Tax vs. book reconciliation report
- ✓ Separate schedules per book
Import and Workflow
Import from Excel or CSV. 75+ depreciation method codes normalized automatically. Migrate from any fixed asset system.
- ✓ VIN lookup via NHTSA for vehicle classification
- ✓ Batch operations for bulk updates
- ✓ Year-end rollover to next tax year
- ✓ GL account grouping for trial balance mapping
Reports and Export
Depreciation schedule, roll-forward, asset detail, and state adjustment reports. Every report exports to PDF and Excel.
- ✓ Per-client and per-entity reporting
- ✓ GL account summary for journal entries
- ✓ State adjustment reports by jurisdiction
- ✓ Audit-ready documentation with calculation detail
The modern alternative to desktop depreciation software
Built from the ground up as cloud-native software. No legacy baggage.
DepreciationPro
- Transparent pricing posted on the website
- Cloud-native. Open your browser and go.
- All 50 states + DC in one subscription
- 14-day free trial. No credit card required.
Asset Keeper, Fixed Assets CS, Sage, and Intuit FAM
- Contact us for a quote
- Desktop installation and server maintenance
- State modules sold separately
- No trial available. Schedule a demo.
Client data is encrypted in transit and at rest. Every action is logged with user attribution and timestamp. Read our security details.
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