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I entered an item in Area B and checked the X in the DIEP box but in Area A it does not calculate the 100% CCA under the DIEP column at all. Why is this? Is it not true the item has to become available for use up to the end of year-end 2025? I put the date as Oct 2025 for the purchase.
To better assist you, we do need more details.
As per the CRA, the immediate expensing incentive has the following characteristics:
An eligible person or partnership (EPOP) may deduct the full cost of designated immediate expensing properties (DIEPs) up to $1.5 million per tax year, subject to specific limitations
https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4002/t4002-6.html
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questionsforever
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Ghassanbh
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vmj1
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Ghassanbh
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questionsforever
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