Line 9947 - Recaptured capital cost allowance

A recapture of capital cost allowance (CCA) can occur when the proceeds from the sale of depreciable rental property are more than the total of:

• the undepreciated capital cost (UCC) of the class at the start of the year; and
• the capital cost of any additions during the year.

If you have a recapture of CCA (the amount in Column 5 - UCC after additions and dispositions of Part A is negative), enter it on this line.

If you are a co-owner, enter your share of the recapture.

Forms and publications

• Guide T4036, Rental Income
• Form T776, Statement of Real Estate Rentals
• Interpretation Bulletin IT-478R2, Capital Cost Allowance - Recapture and Terminal Loss

Related topics

• Capital cost allowance (CCA) for rental property
• Ownership

Date modified:

2017-01-03