Protected B when completed | |||||||||||
Capital cost allowance (depreciation) schedule for employees (continued) | |||||||||||
For information on this schedule and details about Class 10.1 limits, see Guide T4044, Employment Expenses. | |||||||||||
For information about accelerated investment incentive, go to canada.ca/taxes-accelerated-investment-income. | |||||||||||
Part B – Class 10.1 | |||||||||||
List each passenger vehicle on a separate line. | |||||||||||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | ||||
Date acquired (yyyy-mm-dd) |
Cost of vehicle |
Class number |
Undepreciated capital cost (UCC) at the start of the year (9) |
Cost of additions in the year |
Proceeds of dispositions in the year |
Base amount for CCA (10) |
CCA rate % |
CCA for the year (column 5 multiplied by column 6 or lower amount) |
UCC at the end of the year (column 2 or column 3 minus column 7) (11) |
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10.1 | 30% | ||||||||||
10.1 | 30% | ||||||||||
10.1 | 30% | ||||||||||
Total | |||||||||||
(9) | Reduce this amount by the portion of any GST/HST rebate received in the year that relates to CCA on the vehicle. | ||||||||||
(10) | If you owned the vehicle in the previous year and still owned it at the end of the current year, enter the amount from column 2 in column 5. |
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If the vehicle is not an AIIP and you bought the vehicle in the current year and still owned it at the end of the current year, enter 1/2 of the amount from column 3 in column 5. |
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If the vehicle is an AIIP and you bought the vehicle in the current year and still owned it at the end of the current year, enter 3/2 of the amount from column 3 in column 5. |
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If you sold the vehicle in the current year and owned the vehicle at the end of the previous year, enter 1/2 of the amount from column 2 in column 5. |
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If you bought and sold a Class 10.1 vehicle in the current year, enter "0" in column 5. | |||||||||||
(11) | Recapture and terminal loss rules do not apply. Enter "0" in column 8 for the year that you sold or traded a Class 10.1 vehicle. |
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See the privacy notice on your return. | |||||||||||
T777 E (23) | Page 5 of 5 |