Question
BusAuto form vs. T2125Asset form for motor vehicle
If a self-employed taxpayer buys a motor vehicle for business use, it seems to me there are two ways to capitalize it. 1. Chart C in the BusAuto form, and 2. Using the T2125Asset form. Generally speaking, my guess is that most people use BusAuto. Has anyone used the T2125Asset form, and if so, why?
