I purchased a motor vehicle in 2023 that qualifies for DIEP. Total cost is $86,000 but Turbo Tax only allows me to expense $40,320 of CCA. Why not the full 100%?
I purchased a Turboxtax CD at Staples, but my laptop doesn't have a CD rom. How would I be able to download the software and use the licence code that comes with the CD.
Re reporting of foreign property "--where the total cost amount --- any time in 2023 was more than $100K ." Does 'cost amount' mean cost when bought? Or current market $?
I am currently working on filing 2020 taxes, this is the first time filing business taxes, where do i add the expense for the tools purchased to perform the business?
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