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CCA results

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I bought a house for rental last year. By calculating the CCA, I selected application of the half year rule. But the result shows the deducted value is 4% of the original value. I think it should be 50% of this value (2%) for the first year ?

 

How can correct this error ?

 

Thank you.

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If you have a depreciable property in a rental, business or farming statement, UFile will claim the maximum possible Capital Cost Allowance (CCA) automatically.
 

If you want to limit the amount of CCA or depreciation on a specific type of property, follow these steps:
 

1- Go into the depreciable property page you have already entered in your rental, business, or farming statement. This page should be located in your "QuikClik Navigator" (left-hand menu).
 

2- At the bottom of this entry page, enter the amount of CCA or depreciation you want to claim at "Limit to the CCA or the CECA of this class".
 

Note: Even if you indicate a CCA or depreciation amount higher than the yearly maximum, UFile will limit your to that maximum.

If you have any other questions on this topic, please reply to this e-mail.

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