I’m not going to post this in the Bugs section, as this most likely is operator error… and I’m really struggling to figure this out.
I can’t figure out how to get the T776 Asset Manager to show the recaptured CCA on a building disposal. I thought I had input the correct values, had checked off the “All this asset was disposed” but for some reason it wants to ignore the Recapture and goes into negative UCC. I have played around deleting the current year disposal and re-entering, but there must be something else that I need to do.
Hoping to workaround, I can over-ride the negative CCA and properly inter my 30,378.87 Recapture into the appropriate box to end up with a UCC of zero, however, this does not work either. The Recapture flows to the T776 and gets subtracted (rather than added) to the rental income.
I’m kind of stumped… not sure what to do.