If I used turbo tax last year does the CCA for my vehicle automatically calculate
for this year in the motor vehicle expenses? Thanks
021485
1 Best answer
TurboTaxTatsiana
New Member
Oct 30, 2019 4:42:22 AM
yes, your data would be carried forward and cca for the vehicle providing it is the same vehicle is already there. Only information required is km driven in the year and km driven for business to allocate proper % of business use.
2 Replies
TurboTaxTatsiana
New Member
Oct 30, 2019 4:42:22 AM
yes, your data would be carried forward and cca for the vehicle providing it is the same vehicle is already there. Only information required is km driven in the year and km driven for business to allocate proper % of business use.
d-hazzan
Returning Member
Apr 28, 2021 3:05:20 PM
No it doesn't carry forward and there is no way to see what the closing UCC is and how that was calculated