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New Member
posted Oct 30, 2019 8:21:22 PM

Why is the amount of car depreciation different in quebec tax calculation then in the federal declaration?

The cost of acquisition for a new car is different in the Quebec tax return then in the federal form

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1 Best answer
Level 15
Oct 30, 2019 8:21:24 PM

At this time there are a couple reasons why- 1- TurboTax is finalizing their form which should be completed within the next week. 2- Revenue Quebec just made changes to their CCA calculations.

So there is a possibility of there being a difference from Federal to Provincial.

1 Replies
Level 15
Oct 30, 2019 8:21:24 PM

At this time there are a couple reasons why- 1- TurboTax is finalizing their form which should be completed within the next week. 2- Revenue Quebec just made changes to their CCA calculations.

So there is a possibility of there being a difference from Federal to Provincial.