Investors and rental owners

Here is an example for you to compare: 

I have entered the appliances in Area B

The CCA calculates on the T776 - The half year rule applies in the year of acquisition - only 50% of the CCA base is eligible for depreciation in the first year and class 8 allows for 20%.

This is how it works when 50%: On the federal side, you enter the total amount of the asset in the CCA table and then calculate the portion of the CCA that you can claim on line 9936 of the T776, but on the TP128, we calculate the portion of the share directly in the CCA table, and the CCA amount you can claim will show up on line 393 of the TP128. That is why you are only seeing $5000 in the T776 but $2500 on the TP128 CCA table.

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