Farm Business & Financial Management
Depreciation Schedule Worksheet
A worksheet for laying out depreciation on farm assets, one line per asset, so owners can track cost recovery by year. Prepares figures to review with a tax professional.
Download free PDF1 page, US Letter, prints clean in black and white
WorksheetFarm Business & Financial ManagementFree PDF
What you fill in
- Asset description and tag number
- Date placed in service
- Original cost or basis
- Business use share
- Method to confirm with preparer
- Recovery period per tax rules
- Depreciation taken in prior years
- Depreciation this year
- Remaining basis after this year
How to use this worksheet
Use the notes area for your arithmetic. Keep the finished sheet with your records so you can compare it with the next season.
Where to check the details
This sheet is a general template, so confirm specifics with your own manuals, labels and local rules. For current official guidance, start with IRS and eXtension.
For more in this area, see the Farm Money and Grants. Between chores, farm.FM has farm humor, including Bluebell, the Ice Cream Heifer, and agribusiness farm stories.