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New Member
posted Feb 20, 2024 5:48:31 PM

I am entering my personal business income for my partnership in 2023. However, unlike the prior year, there isnt a portion to enter my CCA info, how can I do this?

I claimed an accelerated amount for my main asset (trailer) in 2022, there is a remaining UCC and I need to report a recapture, but this years program doesnt have a portion to enter this as far as I can tell.

0 3 1208
3 Replies
Moderator
Feb 20, 2024 5:59:25 PM

Did you enter the correct date for when you bought the trailer? It should give you the option to enter a UCC if you bought the trailer prior to 2023.

New Member
Feb 20, 2024 6:37:13 PM

Ah I solved it now. I had to select that I had “fixed asset expenses” in the expenses portion. The format just confused me this year as I think it was different than last year. Thanks for the timely response. 

Moderator
Feb 21, 2024 5:49:36 AM

Great to hear- Thank you for choosing TurboTax.