Hi,
I am taking over from my CPA and filing my own taxes for 2022 tax year. I woiuld like to know how I would enter the CCA class 50 amount from prior years into UFile 50. This is to ensure that when I enter the undepreciated amount, that it doesn't apply the 55% depreciation amount again on the remaining amount (i.e. original amount $5000. 2021 tax year, 55% taken. Left is $2,250. I need the remaining amount to be fully depreciated in 2022. How do I do that in UFile Pro?
So far, because UFile Pro doesn't know the historical amount, it is applying 55% to the $2,250, which is incorrect.