This information is based on the actual purchase price of the aircraft as selected by the user, and includes depreciation for year’s one through five or year’s one through seven. The depreciation section also includes an adjusted cost per hour based on the depreciated amount. These calculations are based on active users only.

It is advised that the user contact their tax professional to verify what rate schedule they should follow.

To utilize the depreciation schedule, in the box marked “Full Price of Aircraft” enter the full amount paid for the aircraft, not including interest (this is to correctly figure the depreciation rate).

If the current default depreciation rates pertain to your situation, your depreciation schedule is complete.
If the current default depreciation rates do not pertain to your situation or you need to input the 5-year rates, replace the current default rates that are in the white boxes with your appropriate rates. If you are only doing a 5-year schedule make sure to input zeros in the white boxes for years 6 through 7.

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