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Should I claim CCA based on FMV or the price that I bought at?

 
2 Replies

Should I claim CCA based on FMV or the price that I bought at?

If you bought them during the tax year, then you would use the price you paid. If you bought them in a previous year and only started using them this year for business, then you would use FMV.

Should I claim CCA based on FMV or the price that I bought at?

Thank you for answer @TurboTaxSusan