Do I need to claim a printer I purchased this year for $260 as a CCA or can I claim the whole amount as this years expence?
01188
1 Replies
TurboTaxSusan
Moderator
Jan 20, 2023 4:02:08 PM
It would be your choice. But, while you might be able to get away with claiming the whole expense this year, if you claim CCA on it (Class 50 with a CCA rate of 55%), then you can spread the expense over a few years.