- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have a question about tool supply and CCA. Do I add the cost of the tool to the supplies list and also to the CCA list? It is a paint sprayer that was over $500.
The cost of the sprayer was over 500 so I classed it under class 8 for tools. Do I also keep it under supplies category or just use one or the other?
April 1, 2024
2:20 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self-employed
If you claim an asset in the CCA section, then you can't claim it in the expenses section too. You have to pick one or the other.
April 1, 2024
2:34 PM