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New Member
posted Mar 2, 2021 9:56:14 PM

How to calculate the UCC?

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1 Replies
Level 4
Apr 9, 2021 11:40:10 AM

The steps to Calculate UCC are below:

  1. Start with your UCC in any class and add the amount you spent on a new property in the class.
  2. Then, subtract the proceeds you earned from the disposition of property in that class.

For more details, please see  the link below:

https://turbotax.intuit.ca/tips/recapture-of-capital-cost-allowance-6263

 

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