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CCA not populating
In rental properties, my CCA box 18 calculation in Area A is not populating based on the prescribed formula. Both Box 16 (Base amount for CCA) and Box 17 (CCA rate%) are positive numbers, but Box 18 (CCA for the year) shows $0, and complains when I tried to enter the calculated number manually. Why is that?
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April 13, 2024
5:59 PM
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Filing
Do you have enough rental income? You can't use CCA to create or increase a rental loss, so a CCA amount will not be calculated if you are already in a loss position.
April 14, 2024
2:15 PM