15-year property · 150% declining balance, half-year
Includes: Parking lots, driveways, sidewalks, fences, landscaping and outdoor lighting.
| Line 12 · Section 179 expense | $0.00 |
|---|---|
| Line 14 · Special (bonus) depreciation, 100% | $48,000.00 |
| Line 19 · MACRS, 15-year property | $0.00 |
Basis = cost × business use · bonus = (basis − §179) × bonus rate · each year = (basis − §179 − bonus) × table rate
IRS Pub 946 tables · §179 and bonus per the One Big Beautiful Bill Act · car limits per §280F and the IRS yearly revenue procedure.
Placed in service March 2026, 100% business use, no section 179 or bonus.
| Tax year | Depreciation |
|---|---|
| 2026 | $2,400 |
| 2027 | $4,560 |
| 2028 | $4,104 |
| 2029 | $3,696 |
| 2030 | $3,326 |
| 2031 | $2,990 |
| 2032 | $2,832 |
| 2033 | $2,832 |
| 2034 | $2,837 |
| 2035 | $2,832 |
| 2036 | $2,837 |
| 2037 | $2,832 |
| 2038 | $2,837 |
| 2039 | $2,832 |
| 2040 | $2,837 |
| 2041 | $1,416 |
Source: Pub 946 Table B-1, asset class 00.3 Land Improvements (class life 20, GDS 15, ADS 20): sidewalks, roads, fences, landscaping shrubbery and similar improvements to land. IRS Publication 946.
Parking lots, fences and landscaping are 15-year property under MACRS (the General Depreciation System), depreciated with 150% declining balance, half-year. Under the Alternative Depreciation System the period is 20 years. Source: Pub 946 Table B-1, asset class 00.3 Land Improvements (class life 20, GDS 15, ADS 20): sidewalks, roads, fences, landscaping shrubbery and similar improvements to land.
Section 179 is not available. Bonus depreciation is 100% for property acquired after January 19, 2025, under the One Big Beautiful Bill Act.
With no section 179 or bonus, placed in service in March 2026: $2,400 in 2026, $4,560 in 2027, $4,104 in 2028, $3,696 in 2029, and so on. The calculator above works it out for your own cost, date and business use.