What paperwork does CRA require be submitted to support these figures?
The calculation is a bit different 700,00-(5000+20000) -12,000 = 663,000 but the answer is the same. Determine if you made an election to declare some of the potential capital gains in 1994. There may have been legal fees, and transfer taxes in 1954 as well. If you took CCA on the building, that will be recaptured.
The calculation is a bit different 700,00-(5000+20000) -12,000 = 663,000 but the answer is the same. Determine if you made an election to declare some of the potential capital gains in 1994. There may have been legal fees, and transfer taxes in 1954 as well. If you took CCA on the building, that will be recaptured.
raglin
New Member
phanson61
New Member
marliehutchings-
New Member
ross17
New Member
rich787985
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.