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    jolenealitax
    New Member

    I bought a large peice of equipment for my business How do I write it off?

    Write off equipment
    posted
    ‎May 1, 2023 10:27 PM
    last updated ‎May 01, 2023 10:27 PM
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    TurboTaxSusan
    Moderator
    Moderator

    I bought a large peice of equipment for my business How do I write it off?

    You can't "write it off". You need to take CCA on it. You would enter it as an addition. You can find the class on the CRA's website: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/sole-proprietorships-partners...

     

     

    ‎May 4, 2023 8:23 AM
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