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Flatlander

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  1. Hi, I am hoping someone can help clarify a couple questions about the CCA entries. 1st question: I am used to the paper form that asks for the "total cost" of additions to the class. For that I would include all the costs of the purchase. Now ufile online is asking for the "amount of capital additions" and then "the ACB of the depreciable capital property in this class" This is the 1st year of owning the property and I am confused about what to enter in each category. Do I list only the purchase price in amount of capital additions and then add in other costs (legal fees and property transfer tax) for a ACB total? 2nd question: The apartment came with appliances, do I need to estimate a value for the used appliances and list them in their own CCA class? I am not planning on claiming any CCA this year, but I understand that I need to report the capital additions. Thanks for any help!
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