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Claim CCA for Class 14 Assets on the T2 module

SOLVEDby IntuitUpdated 1 year ago

Class 14 assets can be shown on schedule 8 in Intuit Profile. Four entries are required on the CCA Details:

  1. Class - 14
  2. Acquired (class 10.1 and 14) - date asset was acquired
  3. Acquisition cost (class 10.1/14) - original asset cost
  4. Expired (class 14)  - expiry date for asset

If entering an asset purchased in a previous year, Undepreciated capital cost - start of year is required.

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