I have a question about tool supply and CCA. Do I add the cost of the tool to the supplies list and also to the CCA list? It is a paint sprayer that was over $500.

The cost of the sprayer was over 500 so I classed it under class 8 for tools. Do I also keep it under supplies category or just use one or the other?

745

Moderator

Apr 1, 2024 2:34:16 PM

If you claim an asset in the CCA section, then you can't claim it in the expenses section too. You have to pick one or the other.