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Flag Canada Revenue
Agency		 Agence du revenu
du Canada		 AgriStability
AgriInvest  
Protected B when completed
2024 Farming – Calculation of Capital Cost Allowance (CCA)
and Business-use-of-home Expenses
 
• Use this form to calculate your capital cost allowance (CCA) and record your business-use-of-home expenses.
• Attach this form to your Form T1163, T1164, T1273, or T1274.
• Round all amounts to the nearest dollar.
 
 
Business-use-of-home expenses
  
 
  Include these expenses, and your CCA for business-use-of-home expenses, on line 9896, "Other (specify)," of Form T1163, T1164, T1273, or T1274.
  Heat . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  1
 
  Electricity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  2
 
  Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  3
 
  Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  4
 
  Mortgage interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  5
 
  Property taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  6
 
  Capital cost allowance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  7
 
  Other expenses (specify)      8
 
  Subtotal: Add amounts 1 to 8   9
 
  Business-use-of-home expenses carryforward claimed on line 9940 of Form T1163, T1164, T1273, or T1274 . . . . . . . 10
 
  Total: Add amounts 9 and 10   
 
  Note: If line 9944 of Form T1163, T1164, T1273, or T1274 is a negative amount (a loss), you will have to make an adjustment at line 9934. Total the expenses
listed above, including any carry-forward amount. At line 9934, enter whichever is less: your total or your loss from line 9944. You can also carry forward
this amount to later years. Do not make this adjustment if you are filing this form only to claim additional partnership expenses for which you were not
reimbursed. See "Additional expenses (partnerships)" in Chapter 2 of RC4060, Farming Income and the AgriStability and AgriInvest Programs Guide, or
of RC4408, Farming Income and the AgriStability and AgriInvest Programs Harmonized Guide.
 
 
T1175 E (24) (Ce formulaire est disponible en français.) Page 1 of 5 Canada Logo

Protected B when completed  
Area A – Calculation of capital cost allowance (CCA) claim  
1 2 3 4 5 6 7* 8 9 10
Class
number		 Undepreciated
capital cost (UCC)
at the start of the
year		 Cost of additions
in the year (see
Areas B and C
below)		 Cost of additions from
column 3 that are DIEPs
(property must be available
for use in the year)

Note 1		 Proceeds of
dispositions
in the year (see
Areas D and E
below)

Note 2		 Proceeds of
dispositions of DIEP
(enter amount from
col. 5 that relates to
DIEP from col. 4)		 UCC after additions
and dispositions
(col. 2 plus col. 3
minus col. 5)		 UCC of DIEP
(col. 4 minus
col. 6)

Note 3		 Immediate
expensing amount
for DIEPs

Note 4		 Cost of remaining
additions after
immediate expensing
(col. 3 minus col. 9)
                   
                   
 
                   
 
                   
 
                   
 
                   
 
                   
 
Total immediate expensing claim for the year: Total of column 9 ►  i
 
11 12 13 14 15 16 17 18 19
Cost of remaining
additions from
column 10 that are
AIIPs or ZEVs

Note 5		 Remaining UCC
after immediate
expensing (col. 7
minus col. 9)		 Proceeds of dispositions
available to reduce additions
of AIIPs and ZEVs (col. 5
minus col. 10 plus col. 11).
If negative, enter "0"		 UCC adjustment for current-year
additions of AIIPs and ZEVs
(col. 11 minus col. 13) multiplied
by the relevant factor. If negative,
enter "0"

Note 6		 Adjustment for
current-year additions subject to
the half-year rule. 1/2 multiplied
by (col. 10 minus col. 11 minus
col. 5). If negative, enter "0"		 Base amount
for CCA
(col. 12 plus
col. 14 minus
col. 15)		 CCA
rate
%		 CCA for the year
(col. 16 multiplied
by col. 17 or a lower
amount, plus col. 9)		 UCC at the end of
the year
(col. 7 minus
col. 18)

Note 7
                 
                 
 
                 
 
                 
 
                 
 
                 
 
                 
 
Total CCA claim for the year: Total of column 18 (enter on line 9936 of Form T1163, T1164,  ►  ii
T1273 or T1274 amount ii minus any personal part and any CCA for business-use-of-home expenses**)  
   
*  If you have a negative amount in column 7, add it to income as a recapture on line 9575 of Form T1163, T1164, T1273, or T1274. If no property is left in the class and there is a positive amount in the
column, deduct the amount from income as a terminal loss on line 9896 of Form T1163, T164, T1273, or T1274. Recapture and terminal loss do not apply to a Class 10.1 property unless it is a DIEP.
For more information, see Chapter 4 of Guide RC4060 or Chapter 5 of Guide RC4408.		  
** For information on CCA for calculating business-use-of-home expenses, see "Special situations" in Chapter 4 of Guide RC4060 or Chapter 5 of Guide RC4408. To help you calculate the capital cost
allowance claim, use the calculation charts in Areas B to H.		  
See next page for notes 1 to 7.  
   
T1175 E (24) Page 2 of 5

Protected B when completed
Note 1: Columns 4, 6, 8 and 9 apply only to designated immediate expensing properties (DIEPs). See subsection 1104(3.1) of the Income Tax Regulations for
definitions. A DIEP is a property that you acquired after December 31, 2021, and that became available for use in the current year. For more information,
see Guide RC4060 or Guide RC4408.
   
Note 2: The proceeds of disposition of a zero-emission passenger vehicle (ZEPV) that has been included in Class 54, or a passenger vehicle bought after
April 18, 2021, that has been included in Class 10.1, and whose cost is more than the prescribed amount will be adjusted based on a factor equal to its
prescribed amount as a proportion of the actual cost of the vehicle. For dispositions after July 29, 2019, you will have to adjust the actual cost of the
vehicle for any payments or repayments of government assistance that you may have received or repaid in respect of the vehicle. If the passenger
vehicle in Class 10.1 is not designated for immediate expensing treatment, this special rule does not apply. For more information on proceeds of
disposition and prescribed amounts, read "Class 10.1 (30%)" and "Class 54 (30%)" in Guide RC4060 or RC4408.
Note 3: The amount you enter in column 8 must not be more than the amount in column 7. If the amount in column 7 is negative, enter "0."
 
Note 4: The immediate expensing applies to DIEPs included in column 8. The total immediate expensing amount for the tax year (total of column 9) is limited to
the lesser of:
 
• the immediate expensing limit, which is equal to one of the following, whichever is applicable:
 
  - $1.5 million, if you are not associated with any other eligible person or partnership (EPOP) in the tax year
  - amount iv of Area G, if you are associated with one or more EPOPs in the tax year
  - zero, if you are associated with one or more EPOPs and an agreement that assigns a percentage to one or more of the associated EPOPs was
not filed with the minister in a prescribed form
  - any amount allocated by the minister under subsection 1104(3.4) of the Regulations
• the UCC of DIEPs in column 8
• the amount of income, if any, earned from the source of income that is a business (before any CCA deductions) in which the relevant DIEP is used
for the tax year
  For more information, see Guide RC4060 or Guide RC4408.
 
Note 5: Columns 11, 13 and 14 apply only to accelerated investment incentive properties (AIIPs) (see subsection 1104(4) of the Income Tax Regulations for the
definition), zero-emission vehicles (ZEVs), ZEPVs and other eligible zero-emission automotive equipment and vehicles that become available for use in
the year. In this chart, ZEV represents zero-emission vehicles, zero-emission passenger vehicles and other eligible zero-emission automotive equipment
and vehicles. An AIIP is a property (other than a ZEV) that you acquired after November 20, 2018, and that became available for use before 2028. A
ZEV is a motor vehicle included in Class 54 or 55 that you acquired after March 18, 2019, and that became available for use before 2028, or eligible
zero-emission automotive equipment and vehicles included in Class 56 acquired after March 1, 2020, and that became available for use before 2028.
For more information on AIIP and ZEV, see Chapter 4 of Guide RC4060 or Chapter 5 of Guide RC4408.
Note 6: The relevant factors for properties available for use before 2026 are 1 1/2 (Classes 43.1, 54, and 56), 7/8 (Class 55), 1/2 (Classes 43.2 and 53), and 0 for
the remaining AIIPs not otherwise described in this note.
Note 7 : If you disposed, in the year, of a property that you used for both personal and business use, and your business use of that property changed from year to
year, you must subtract any remaining personal part of this property's cost from the UCC at the end of the year. For more information, see "Special
situations" in Chapter 4 of Guide RC4060 or Chapter 5 of Guide RC4408.
For more information on AIIPs, see Guide RC4060, Guide RC4408, or go to canada.ca/taxes-accelerated-investment-income.
 
Part XVII properties (acquired before 1972)
 
1 2 3 4 5 6 7
Year
acquired		 Kind of property Month of
disposition		 Cost
(business part)		 Rate
(%)		 CCA for
this year		 Total CCA for this
and previous year
             
         
             
         
             
         
             
         
             
         
             
         
Total CCA on Part XVII properties: Total of column 6  ►  iii
Enter the total of amounts ii and iii, minus any CCA for business-use-of-home expenses, on line 9936 of Form T1163, T1164, T1273, or T1274.
 
Area B – Equipment additions in the year
1 2 3 4 5
Class
number		 Property
description		 Total
cost		 Personal part
(if applicable)		 Business part
(column 3 minus
column 4)
         
 
         
 
         
 
Total equipment additions in the year: Total of column 5 9925
 
T1175 E (24) Page 3 of 5
Protected B when completed
 
Area C – Building additions in the year
1 2 3 4 5
Class
number		 Property
description		 Total cost Personal part
(if applicable)		 Business part
(column 3 minus
column 4)
         
 
         
 
         
 
Total building additions in the year: Total of column 5  9927
 
Area D – Equipment dispositions in the year
1 2 3 4 5
Class
number		 Property
description		 Proceeds of
disposition (should
not be more than
the capital cost)		 Personal part
(if applicable)		 Business part
(column 3 minus
column 4)
         
 
         
 
         
 
  Total equipment dispositions in the year: Total of column 5  9926
 
Area E – Building dispositions in the year
1 2 3 4 5
Class
number		 Property
description		 Proceeds of
disposition (should
not be more than
the capital cost)		 Personal part
(if applicable)		 Business part
(column 3 minus
column 4)
         
 
         
 
         
 
  Total building dispositions in the year: Total of column 5 9928
Note: If you disposed of property from your farming business in the year, see Chapter 4 of Guide RC4060 or Chapter 5 of Guide RC4408 for information
about your proceeds of disposition.
 
Area F – Land additions and dispositions in the year
 
Total cost of all land additions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9923  
Total proceeds from all land dispositions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9924  
Note: You cannot claim capital cost allowance on land. See Chapter 4 of Guide RC4060 or Chapter 5 of Guide RC4408.
 
 
T1175 E (24)  
Page 4 of 5
Protected B when completed
 
Area G – Agreement between associated eligible persons or partnerships (EPOPs)
 
Are you associated in the fiscal period with one or more EPOPs that you have entered into an agreement with under
subsection 1104(3.3) of the Regulations? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
 
If you answered yes, fill in the table below.
 
Enter the percentage assigned to each associated EPOP (including your business) as determined in the agreement.
 
This percentage will be used to allocate the immediate expensing limit. The total of all percentages assigned under the agreement should not exceed 100%.
If the total does exceed 100%, then the associated group has an immediate expensing limit of zero. For more information, see Guide RC4060 or Guide RC4408.
 
1 2 3
Name of the EPOP Identification number

Note 8
 Percentage assigned under the
agreement
 
 
 
 
 
 
 
 
Total of percentage assigned: Total of column 3
 
Immediate expensing limit allocated to your business: Multiply $1.5 million by the percentage assigned to your business in
column 3 (see note 9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv
 
Note 8: The identification number is the EPOP's social insurance number, business number or partnership account number.
 
Note 9: If the total of column 3 exceeds 100%, enter "0."
 
Area H – Quota additions and dispositions in the year
 Total cost of all quota additions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9929  
Total proceeds from all quota dispositions in the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9930  
Note: Quotas are depreciable property included in Class 14.1. For more information, see Chapter 4 of RC4060 or Chapter 5 of Guide RC4408.
 
 
  Details of equity
Total business liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9931  
Drawings in 2024 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9932  
Capital contributions in 2024 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9933  
 
Privacy Act, personal information bank numbers AAFC PPU 183 and CRA PPU 005.
 
T1175 E (24)   Page 5 of 5