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Jan 29, 2013 at 03:08 PM

MaCRS Tax depreciation -7 years- USA

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Hi,

I have a requirement to calculate MACRS tax depreciation for 7 years with below percentages :

1 year - 14.29%

2 year - 24.49%

3 year - 17.49%

4 year - 12.49%

5 year - 8.93%

6 year - 8.92%

7 year - 8.93%

8 year - 4.46%

I have some rounding differences. For example the first year the system calculates 14.285716 %. So, In an asset that is 250000 USD it has a difference of around 10 USD.

Do you know if there is a way to eliminate this difference?

Thanks,

Cecilia