I am adding a Class 54 vehicle in my T777. The online SW goes and calculate maximum CCA based on 100% depreciation times business usage. It also calculates correct Fed and Prof refunds when doing so. I then go and override the CCA For the Year value to make it 75% depreciation, but only the Federal refund recalculates. How do I make the provincial calculation update based on my new CCA For the Year Value I entered?
Lastly how do I factor in my 7000 iZEV provincial incentive? It is supposed to be applied to the max/start CCA as follow: 61,000 + Fed + Prov tx - 7000. I see a box to include rebate no included in income is that where it goes and if so will it be correctly applied to the above formula?
Please contact our phone support team at 1-888-829-8608 as they will be better able to assist you. They can look at the return with you to see what is going on.
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