Frequently Asked Questions
Find answers about depreciation calculations, state tax coverage, compliance forms, imports, pricing, and security.
Getting Started
How do I start my free trial?
Click "Start Free Trial" and create your account. You get 14 days of full access to every feature, no credit card required. At the end of your trial, subscribe to continue or your data stays in read-only mode.
Can I import my existing asset data?
Yes. Upload an Excel or CSV file and DepreciationPro handles the rest. We normalize 75+ depreciation method code variations from Sage, CCH, Bloomberg, and other software 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 data is clearly marked and can be dismissed at any time.
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), MACRS ADS (straight-line), Section 179 expense deduction up to $2,560,000 (2026 OBBBA), 100% bonus depreciation for property acquired after January 19, 2025, and units of production. All standard recovery periods: 3, 5, 7, 10, 15, 20, 27.5, and 39 years.
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 $32,200. VIN lookup automatically classifies vehicles for Section 280F and heavy vehicle determination.
Do you support real property?
Yes. Residential rental property (27.5 years), nonresidential real property (39 years), and qualified improvement property with proper mid-month (MM) convention calculations.
How accurate are your calculations?
Calculations use official IRS MACRS percentage tables and are validated by 3,000+ 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 on sale calculations. Section 1245 ordinary income recapture and Section 1250 unrecaptured gain are computed automatically. Mid-quarter convention testing runs across all disposals in the tax year.
State Tax
Which states do you cover?
All 50 states plus DC (51 jurisdictions). No per-state add-on pricing. Every plan includes full state depreciation coverage with 14 named state forms and state-specific depreciation rules.
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 fixed-period recovery. 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 (Section 179), II (special depreciation allowance), III (MACRS depreciation), and V (listed property). 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?
Alternative Minimum Tax depreciation using 150% DB method with ADS recovery periods. AMT adjustment calculations for Form 6251 are generated automatically 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 using straight-line with full-month convention, independent from tax records. 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.
What book methods are available?
Straight-line with full-month convention, matching standard GAAP treatment for tangible assets. Book useful life and salvage value are set independently from tax recovery periods.
Import & Migration
Can I migrate from my current depreciation software?
Yes. Our import engine normalizes 75+ method code variations from Sage, CCH, Bloomberg, and other depreciation software automatically. Export your asset register from your current tool, upload the file, and DepreciationPro maps the method codes, property types, and conventions.
What import formats are supported?
Excel (.xlsx) and CSV with automatic column mapping. 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. Automatic vehicle identification from VIN with GVWR classification for Section 280F cap determination and heavy vehicle exemptions. Enter the VIN and the system identifies the vehicle and applies the correct depreciation limits.
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.
Pricing & Billing
Do you charge per asset?
No. Flat monthly or annual pricing with unlimited assets on all 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.
What happens after my trial ends?
Your data is preserved in read-only mode. Subscribe to continue working, or request full account deletion. No pressure, no surprise charges.
Can I change plans or cancel anytime?
Yes. Upgrade or downgrade anytime. All plans are month-to-month with annual billing available at 32% savings. 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. Role-based access control with Admin and Reviewer roles. Every action is logged with user ID, IP address, and timestamp.
Can I export or delete my data?
Full data export to Excel at any time. Account deletion with PII anonymization and a 7-day grace period. Your data is never sold to third parties.
Ready to get started?
Start your free trial today or contact us at support@depreciationpro.com
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