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 2:
Image 3:
Please visit the TurboTax Canada website to learn more about Capital Cost Allowances.
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