Do I calculate CCA for my 2016 vehicle if it is my first year using it for business purposes?
01300
1 Replies
TurboTaxSusan
Moderator
Apr 21, 2023 5:37:29 PM
You need to enter your vehicle as an addition. If you didn't buy your vehicle this year then you would have to determine the Fair Market Value and use that as the cost of the addition.