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jha0327
New Member

Where do I enter CCA on T2125?

 
1 Reply

Where do I enter CCA on T2125?

By completing these instructions below, you can enter the CCA on T2125:

1. To get started, Log in to your TurboTax account, Click on the Find icon on the top right

2. Enter " Business or Professional Activities", Click and Go" => Click on the "Enter New Business" =>

3. The following page will appear (Image 1), Click on the "Assets used in your business and CCA calculation"

4. On the next page, click on the "Enter Additions/ Dispositions in Current year" or "Enter UCC Balances Prior Year (if you have)" (Image 2).

5. 5. Once you've finished on the page "Tell us about Asset #1," which is where you claim your CCA (Image 3), click Done with CCA.

 

Please see the screenshots below:

Image 1:

Image 1.jpg

Image 2:

Image 2.jpg

Image 3:

Image 3.jpg

 

Please visit the TurboTax Canada website to learn more about Capital Cost Allowances.

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