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Is it possible to remove CCA from this year's taxes for self employment? The CCA is causing a loss.
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October 30, 2019
8:31 AM
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Self-employed
Yes, if you go to:
- Income Tab > Self-Employment > Self Employment Summary
- Choose to "Edit" your business
- Click on "Assets used in your business and CCA calculation
- You can adjust or remove your CCA on the screen that says "here's your capital cost allowance for your assets"
October 30, 2019
8:31 AM