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

For Special Depreciation Allowance Deduction on items, do I list a dollar amount or percentage? Can I leave it blank?

Forum|Forum|3 years ago
February 7, 2023
1 reply
0 views

I have a photography business, and have been asked to fill this out "asset entry worksheet".

TurboTax Self Employed Online

Employee

This question usually relates to an item that you purchased in a prior year. TurboTax is asking if you took the Special Depreciation Allowance Deduction in the first year. You'll need to refer to your tax records to answer this. If you did take Special Depreciation, you would enter a dollar amount in the box. If you didn't take Special Depreciation, leave it blank.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"