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 Oct 30, 2019 4:50:32 PM

In entering a new vehicle addition for CCA table, the UCC for end of year remains at 0, anybody else have this problem?

0 2 996
2 Replies
Moderator
Oct 30, 2019 4:50:33 PM

Did you accidently click the box for “No Assets Left In Class”? Uncheck that, as it empties out your UCC balance to create a terminal loss/recapture.


New Member
Oct 30, 2019 4:50:34 PM

I am not sure where this is on the form.  I am using the T2125 Business Form. I am fairly sure there is a mistake in your program.  I am entering a vehicle additon (class 10.1) for the amount of 33900.00 and everything is fine in the CCA calculation table.  But when I then enter the disposition of a previous vehicle, the CCA amount still left for it, and as a 10.1 class, then the numbers for the 10.1 addition change.  The UCC for it disappears, and the CCA amount I can claim for the year changes dramatically, and does not seem correct.  Try an example in the table yourself to see what I mean.  I have in previous years found mistakes in this table, and have called them in, and was correct.