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May 23, 2024
Question

What do I do if the CCA class I need is not in the drop down list?

  • May 23, 2024
  • 1 reply
  • 0 views
Turbo tax is not presented all available CCA classes associated with electricity generation. The drop down list only includes classes pertaining to equipment that distributes or transmits electricity. I am seeking a way to specify Class 43.2 which pertains to generating electricity and a depreciate rate of 50%. How do I specify the right CCA class for my asset?

    1 reply

    Community Manager
    May 24, 2024

    Are you using TurboTax Online or TurboTax Download?