topic CCA Class 54 is not calculating correctly. It is taking an enhanced first year rate of 100% rather than 75%. This is causing a huge difference in the CCA deduction. in Self-employed

CCA Class 54 is not calculating correctly. It is taking an enhanced first year rate of 100% rather than 75%. This is causing a huge difference in the CCA deduction.

Cheng42 — Fri, 03 Apr 2026 19:47:23 GMT

Called Turbotax support and spent hours speaking to multiple representatives/tax experts yet none of them have any clue about the tax accounting rules here in Canada. Was promised a callback about getting this fixed but never heard back.

Re: CCA Class 54 is not calculating correctly. It is taking an enhanced first year rate of 100% rather than 75%. This is causing a huge difference in the CCA deduction.

user17734123570 — Sun, 05 Apr 2026 01:31:34 GMT

I am having the same issue. I have updated the software. I have even deleted the form and restarted and its still the same. Do I just change the amount claimed to 75%?