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If you put the actual proceeds on the "T2125 asset details" screen, the program will calculate the current year's CCA as allowed (1/2 rate in year of disposition) and will not determine a terminal loss or recapture. There should be no entries in column 8 of the T2125CCASummary if the asset was originally set up properly as a Class 10.1.
If you put the actual proceeds on the "T2125 asset details" screen, the program will calculate the current year's CCA as allowed (1/2 rate in year of disposition) and will not determine a terminal loss or recapture. There should be no entries in column 8 of the T2125CCASummary if the asset was originally set up properly as a Class 10.1.
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John
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