TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

How do I claim a PC computer purchased for my business in 2024?

Forum|Forum|1 year ago
March 27, 2025
1 reply
0 views

I understand the PC is a fixed asset - I just do not understand how to claim fixed assets and want to ensure I am doing this correctly.

A laptop would fall under CCA class 50 with a rate of 55%. You would not claim the entire value of the asset on the year of the purchase but instead would use a Schedule 8 in your tax return. You would claim it over 3 years due to the half-year rule (year 1 you'd claim 55%/2, year 2 55%, and year 3 the remaining balance).

Thank you for choosing TurboTax.