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Deducting Depreciation and Amortization at a Glance


You may be able to depreciate property you own that is used in a business with a determinable useful life beyond one year, and that is not categorized as excepted property. Depreciation rules differ for cars, residential rental property, office space in your home or farm property.

More Information

Tax Topic 704 - Depreciation

Related Forms

Form 2106, Employee Business Expenses (PDF)

Form 4562, Depreciation and Amortization (PDF)

Related Publications

Publication 946, How To Depreciate Property

Publication 527, Residential Rental Property - Chapter 2, Depreciation of Rental Property

Page Last Reviewed or Updated: 25-Jan-2016