Equipment Disposition not showing up in Area D

[Bruce Keays]

I filled in the disposition section but it calculates the CCA for 2022 and shows Carry forward to 2023 anddoes not show in Area D

[Geo123]

Hello Bruce Keays,

This may be due to data entry issue.  Please contact UFile Support so we may review the file confidentially.
Please open a request ticket and submit an anonymous file for review on-line at https://www.ufile.ca/contact/contact-us

[margaret234]

It seems like you've filled out the disposition section, but there's a bit of a hiccup in the calculation. Here's what's going on:

CCA for 2022: The system is calculating the Capital Cost Allowance (CCA) for the year 2022. This is the depreciation expense for your assets.

Carry Forward to 2023: If you have more CCA calculated for 2022 than you can deduct for that year, the excess amount is carried forward to 2023. It's like saving some tax deductions for next year.

Area D Missing: However, you've noticed that this carry forward amount isn't showing up in Area D. Area D is where you'd typically see details related to carried forward amounts.