Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
J
jdmccoag
April 28, 2025
Question

I do not want to use my Capital cost allowance this year for my small business. how to I remove it from this year's expenses and carry it on to use another year?

  • April 28, 2025
  • 1 reply
  • 0 views
I want to remove the CCA from this year's expenses and use it on a year with higher income - how do I do that?

    1 reply

    PawanA
    PawanA
    April 30, 2025

    Hello, you have the flexibility of not claiming the Capital Cost allowance for a specific year, you can simply indicate zero claim, and then it will be available to be claimed the following year. 

    TurboTax Sign In Widget
    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsCookie settingsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification