Depreciation Tax Deductions
Spread the cost of major business assets over their useful life. Depreciation lets you deduct large purchases gradually instead of all at once.
check_circleWhat You Can Deduct
- checkOffice furniture (7-year property)
- checkComputers and tech equipment (5-year)
- checkVehicles (5-year property)
- checkCommercial buildings (39-year)
- checkResidential rental property (27.5-year)
- checkManufacturing equipment (5-7 year)
- checkLeasehold improvements (15-year)
lightbulbTips for Keeping Records
- tips_and_updatesSection 179 lets you deduct the full cost immediately (up to limits)
- tips_and_updatesBonus depreciation provides 60% first-year deduction in 2026
- tips_and_updatesKeep records of the date each asset was placed in service
- tips_and_updatesConsult a CPA for the best depreciation strategy for your situation
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Equipment Purchases Deductions
Deduct business equipment using Section 179 or bonus depreciation. Computers, machinery, vehicles, and furniture may all qualify.
Office Furniture Deductions
Office furniture purchases are deductible using Section 179 for immediate write-off or depreciated over seven years. Desks, chairs, tables, and storage all qualify.
Computer Equipment Deductions
Computers, laptops, and peripherals used for business are deductible under Section 179 or bonus depreciation. Essential technology expenses for any business.