• 49 Small business entity simplified depreciation

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    Only complete this item if the trust is a small business entity using the simplified depreciation rules.

    To complete this item, use the amounts calculated for small business entity depreciation deductions at K item 5. Show at:

    • A Deduction for certain assets (costing less than $6,500), the total amount claimed relating to these assets
    • B Deduction for general small business pool assets, the total amount claimed relating to the general small business pool.
    Last modified: 05 Jul 2014QC 35444