I run a small business (sole proprietor) and sold a piece of depreciable equipment. Do I include the income from this sale under my business income on T2125, or is this taken care of under the disposition portion of the CCA calculations?
Thanks!
If you were taking CCA on the item, then you would enter the sale of it as a disposition.
Hezzidoggo
New Member
Al15
Returning Member
mikederrik
New Member
Parmjit
New Member
Adrian B
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.