gregholl
Returning Member

Filing

Hello again. I think I figured this about about the CCA.

 

We paid $6,559.35 for a new heat pump for the house. So the 23% portion turned out to be $1,508.65. I think that is where the error is coming up about "you have claimed CCA..." (I didn't have any assets entered.) So I added that in as an "asset"

 

I entered in an asset of "Leasehold" (class 13) for this expense. 

 

We installed it 15/02/2019. So I put that as the Acquisition date. Not sure the "Expiry date" is referring to. It has a 10 year warranty. Should I put 15/02/2029?

 

Also, I put "yes" for "Accelerated Investment Incentive (AII)". Not even sure what that means, but it sounds good.

 

Turbo tax get a recommended calculation of $226.29 for "CCA For Year". So I just kept that amount.

 

Just letting you know what I've entered. Can someone please comment if it sounds like I've done it correctly?

 

Thanks!!