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 Jul 17, 2020 8:31:51 PM

Operate a home based business and was renting then purchased first house in 2019. Looking to confirm CCA can be claimed under class 1?

0 1 512
1 Replies
Level 15
Sep 14, 2020 9:05:02 AM

No, you would claim your home-business expenses - Then if you are a first time home buyer you can claim the home buyers amount. Check here to see if you qualify for the first time home buyers credit. 

If yes, this is how you will enter it in TurboTax.