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Level 2
posted Oct 30, 2019 10:48:57 AM

When completing T2125, how do I reduce CCA to avoid negative income?

While completing T2125, the calculated annual CCA for my microfit solar panels is greater than the income from the panels.  So my income from the solar panels is negative.  What field in T2125 or Business Summary do I use adjust the CCA from the calculated value?

The following post implies that CCA can be adjusted for various situations https://turbotax.community.intuit.ca/replies/2483863

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1 Replies
Level 2
Oct 30, 2019 10:48:58 AM

I found the answer to my own question.

To override an amount
Place your cursor in the field that you want to override.
Touch any key.
You'll receive a warning message about the override.

Click OK to clear this warning.
Press F2.
You'll receive a second warning message about the override.

Click Yes to clear this warning.
Enter the adjusted amount in the field and press Enter.
The overridden field appears in red.