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F
Fullcount
Level 2
April 29, 2022
Question

Land cost for Statement of Real Estate Rentals

  • April 29, 2022
  • 1 reply
  • 8 views

Hello

I'm having trouble inputting the cost value for the land on the T776 CCA Summary.  Area F is where the land cost goes but I can't figure out how to get it there.  When you click on line 9923 it takes you to the Detail of Asset but I just can't figure it out.  It's probably a very simple answer.
Thanks.

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1 reply

J
janisbossenberry
Level 7
April 29, 2022

In the T776 asset details form, put the asset description and select CCA class 90 for Land.  Then put the cost in the addition areas.  Make sure you also put an acquisition date.  It will then carry forward to Area F.

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