Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
SuAdmak
Returning Member

How do I calculate UCC on a vehicle that was used partially for business? Turbo tax did not populate the UCC from 2023 returns.

 
2 Replies

How do I calculate UCC on a vehicle that was used partially for business? Turbo tax did not populate the UCC from 2023 returns.

You can check your return from 2023 to see what the UCC was. You can either download the PDF from the bottom of the My Returns page in TurboTax Online 2024, or you can open up the return itself by logging into 2023. You can login to TurboTax Online 2023 here: https://ww1.2023.ca.turbotaxonline.intuit.com/

 

SuAdmak
Returning Member

How do I calculate UCC on a vehicle that was used partially for business? Turbo tax did not populate the UCC from 2023 returns.

Hi,

I have the returns opened but I really do not know what I am looking for. I do not see anything that specifically states "UCC Amount". There is a table on the T2125 just after Area G: Note 8 which shows "Motor vehicle expenses (Business). This table shows Allocation of expenses and also CCA. Is this where I should be looking? i really would appreciate any help.

Thank you.