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.
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.
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.
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.
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%?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.
Sign In
Canada (English)
EN
