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Capital Cost Allowance Not Being Calculated

Norm Hamilton

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When I add the Capital Cost Allowance to my sole proprietorship information there doesn't seem to be any change in the end result.

It's as if the CCA isn't being included. Any suggestions?

EDIT: Since posting this I've found the information I was looking for in the Tax Return T2125 Part 5. As it turns out it was already completed .

Edited by Norm Hamilton
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To claim the capital cost allowance, follow these steps:

1 - On the "Left side menu on the Interview tab" select "Self-employment income";

2 - You have completed the "Business identification" pages as well as on the "Income and Expenses" pages and others, if necessary.

3 - Select the sub-section "CCA" and on the screen to the right, choose the category that applies to your situation.

4 - On the new page that appears, record the information on the line "Description and amount of capital additions" and in the field to the right enter the amount.

The cost of acquisition will be reported in column 3 of Area A of Form T2125.

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