I am completing a Schedule 8 Class 10 addition for a corporate year end of August 31, 2024. The asset was purchased February 2, 2024. When I record the information the field for DIEP is defaulted to NO and I have to over-ride this field to YES to activate the DIEP 100% deduction.
As per my email to you from our email support. Immediate expensing no longer applies to capital asset additions after 2023 by corporations.
Steven
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