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Level 1

I am completing a rental income on the T776 but once I've entered all the information and am completed it shows the income as 0.00 which isn't correct.

 
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Level 1

I am completing a rental income on the T776 but once I've entered all the information and am completed it shows the income as 0.00 which isn't correct.

You cannot create or increase a rental loss with depreciation (CCA). So if you were trying to claim depreciation to get a loss, that might explain why it goes to zero and not a loss.

View solution in original post

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Level 1

I am completing a rental income on the T776 but once I've entered all the information and am completed it shows the income as 0.00 which isn't correct.

You cannot create or increase a rental loss with depreciation (CCA). So if you were trying to claim depreciation to get a loss, that might explain why it goes to zero and not a loss.

View solution in original post