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Level 1

Reducing the CCA on a T776

Looking for how to override the CCA so the UCC claim for next year is correct when I carry forward to 2020

Solved
Best answer September 11, 2020

Best Answers
ProFile Duncan
ProFile Team

Reducing the CCA on a T776

Hi, thank you for using Intuit ProFile Community

To claim less than the maximum CCA for the year, override CCA for the year on T776CCA to any amount up to the maximum; including zero. Override on T776CCA to have the correct ending UCC carry forward to the next year

Hope this helps

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1 Comment 1
ProFile Duncan
ProFile Team

Reducing the CCA on a T776

Hi, thank you for using Intuit ProFile Community

To claim less than the maximum CCA for the year, override CCA for the year on T776CCA to any amount up to the maximum; including zero. Override on T776CCA to have the correct ending UCC carry forward to the next year

Hope this helps