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Rental property income: Line 9927


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Hello kal,

For additions here is an Example :

T776 >> CCA >> Class 1 - 4%
Description of the asset:  MyRentalBldg-
Opening balance of the undepreciated capital cost $100,000.00
 To whom the CCA should be allocated < - - -LEAVE AS NULL
 Portion (%) of CCA used for business or employment < - - -LEAVE AS NULL
 Purchase date of the property [01-01-2019]
ACB of the depreciable capital property in this class  [$100,000.00]
 Limit to the CCA of this class
Description and amount of capital additions (other than AIIP): < - - -SELECT THIS ONE
[Aluminum Siding]   [ $10,000.00]
Description and amount of capital additions of AIIP:
Application of half-year rule to current year additions  Yes 

T776 – p3 Area A – ½ year rule CHECK if applied  ok

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