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April 20, 2023
Question

Do I calculate CCA for my 2016 vehicle if it is my first year using it for business purposes?

  • April 20, 2023
  • 1 reply
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    1 reply

    TurboTaxSusan
    April 22, 2023

    You need to enter your vehicle as an addition. If you didn't buy your vehicle this year then you would have to determine the Fair Market Value and use that as the cost of the addition.