I have purchased a desktop computer that I use (100%) for my digital marketing business mainly for data storage and manipulation. Is it eligible for DIEP 100%?

[hoomaan-ta]

Just wondering if I can deduct %100 of it during the first year (in Quebec), thank you very much in advance.

[Moussi2]

Yes to calculate the capital cost allowance (CCA) on your depreciable properties,  you can use the Form T2125, Statement of Business or Professional Activities

Class 10 with a CCA rate of 30% includes general-purpose electronic data processing equipment (commonly called computer hardware) and systems software for that equipment, including ancillary data processing equipment, if you acquired them either:

• before March 23, 2004
• after March 22, 2004, and before 2005, and you made an election

We hope this answer your question. Thank you for choosing TurboTax.