LedgerIQ Depreciation Calculator

io.github.tylerscomic-labv2.0.0Updated Oct 2, 2026

MACRS schedules, Section 179 and bonus depreciation with 2026 limits.

VerifiedStreamable HTTPWeb executableFinance

Overview

AI-generated overview

Calculates MACRS, Section 179 and bonus depreciation schedules for business assets and compares deduction methods.

What it does: Provides four tools for depreciation planning: calculate_macrs builds a full MACRS schedule for an asset, calculate_section_179 computes first-year expensing, calculate_bonus_depreciation applies the current phase-down percentages, and compare_depreciation_methods lays every available method side by side. It is aimed at comparing deduction timing across options.
When to use it: Useful when you need quick depreciation figures or a side-by-side comparison of MACRS, Section 179 and bonus depreciation for a business asset, for example while drafting or reviewing capital spending plans.
Requirements: A remote streamable HTTP endpoint; the README says an API key from MCPize is required, and the hosted free tier allows 10 calls a day. It can also be run locally with Node.js (npm install, then node server.js on port 8080).

Before you install

The README states it is general information, not tax advice, and that limits and phase-down percentages change by year, so results should be confirmed with a tax professional. The hosted endpoint requires an MCPize API key and is subject to a daily call limit.

Installation

In SourceWeft

Open LedgerIQ Depreciation Calculator in the dashboard and add it to a workspace.
Enable the server for the chats that should use its tools.

Web executable via Streamable HTTP. Remote servers run from the web runtime once configured in a workspace.

Other MCP clients

Add this to your client's mcpServers config.

{
  "mcpServers": {
    "ledgeriq-depreciation": {
      "type": "http",
      "url": "https://openapi-1779148060328.mcpize.run/mcp"
    }
  }
}

README