how do i enter cca for class 13 leasehold imp over 10,9,8, and 3 years?
Most leasehold improvements are depreciated as straight-line over a period of 5 years. Your 10 year old, 9 year old and 8 year old improvements would have been fully depreciated long ago. There is no purpose in entering them now. The 3 year old item might best be handled by a T1 adjustment to apply it to the years to the relevant tax years.
Most leasehold improvements are depreciated as straight-line over a period of 5 years. Your 10 year old, 9 year old and 8 year old improvements would have been fully depreciated long ago. There is no purpose in entering them now. The 3 year old item might best be handled by a T1 adjustment to apply it to the years to the relevant tax years.
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