Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 25, 2023 7:25:38 PM

I have a question regarding the CCA calculation. I sold my car in 2022. There is still a UCC amount remaining. Should I use the sale price or SAAQ's evaluation?

I sold the car for $25000 and the value at SAAQ is $32000.  Which one should I use to calculate ?

0 1 241
1 Replies
Moderator
Mar 31, 2023 5:37:42 PM

You should use the amount that you actually received for the car.