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Level 1
March 25, 2026
Question

Direct Immediate Expensing on the Business and Farm CCA Schedules

  • March 25, 2026
  • 0 replies
  • 6 views

In 2024 when an eligible purchase was marked for immediate expensing the CCA  schedule automatically added the full amount to the CCA for the year and expensed it.  This year when marked as eligible for Direct Immediate Expensing it just completely removes it from the CCA class but doesn't expense the asset anywhere, not sure what everyone is doing to expenses those capital purchases?