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New Member
posted Mar 17, 2021 10:05:45 PM

I don’t understand how CCA works. What do I need to revise?

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Level 3
Mar 18, 2021 2:24:51 PM

Capital Cost Allowance (CCA) is a form of depreciation used on the capital asset for business owners, rental property, and employees with employment expenses. For more information about CCA, you can access the links below which will direct you to the CRA website and a blog about CCA on TurboTax.

TurboTax Blog - Capital Cost Allowance Explained

CRA website - Claiming Capital Cost Allowance (CCA)