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Cheng42
New Member

Class 54 CCA Incorrect

I have spent hours trying to get this fixed calling TurboTax yet none of these customer service representatives or tax experts were knowledgeable on this issue. Was supposed to get a callback on it but never heard back. The CCA enhanced first year deduction for Class 54 is not 100% for 2025. It is 75% and this has a significant impact on the amount of CCA claimed. This issue needs to be fixed ASAP as it will result in a lot of erroneous claims for people using Class 54 this year.

1 Reply

Class 54 CCA Incorrect

Are you using TurboTax Desktop or TurboTax Do It Yourself (Online)? What are you claiming CCA for ex: Self-employment, rental income?

 

 

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