You can enter last year’s end UCC
balance, and then enter information about the sale to have the program
calculate the recapture.
Under the “Income” tab, select “Rental
Properties”. Click the “Yes” button.
Then “Edit” an existing property
or “Add” a new one.
Fill in the “Real Estate Rentals
Statement” page and click “Continue”.
Click “Done with vehicles”.
On the “T776 here's your capital
cost allowance for your assets” page, click “Enter UCC Balances From Prior
Year” to enter your previous UCC balance, then “Done With CCA”.
Back on the “T776 here's your
capital cost allowance for your assets” page, click “Enter
Additions/Dispositions” to enter details about your sale, then “Done With CCA”
to save.
