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March 9, 2025
Question

Where do I put in CCA (Capital Cost Allowance) in Turbotax 2023 and 2024

  • March 9, 2025
  • 3 replies
  • 0 views

There's probably somewhere I didn't look, but since the new interface it won't let me put it in and when I type in the search box it doesn't come up. 

3 replies

March 9, 2025

After a diligent search yesterday, I found that as long as your asset is properly listed and the percentage listed, the software will do it by itself. You will find it all properly listed on the T2125 form but there is no place to input it.

TurboTaxSusan
March 9, 2025

@Timpot35 What are you claiming CCA for? Self-employment, rental, employment expenses? Is it for a vehicle or some other type of asset?

 

 

 

Timpot35Author
March 11, 2025

What do you mean, there's no way to input it?

What if I have new stuff to put in and how do I decide how much CCA allowance do I deduct from the stuff that's already on there?

This is for self-employment CCA. I've been self-employed for 10 years and this is the first years I can't put it in, 

Timpot35Author
March 11, 2025

Just letting you know I found it. It was in "fixed assets".