T2 Schedule 8: 22 columns per class, total CCA to Schedule 1 line 403

What goes in each of the 22 columns?

Schedule 8 gives each CCA class one line and walks it from opening UCC to closing UCC. The current version, T2 SCH 8 E (26), covers 2025 and later tax years, and the line codes below are the ones printed on the form canada.ca.

The T4012 guide sets the same rules out column by column, including the reductions to column 3: federal ITCs (other than SR&ED) used or refunded in the previous year and provincial ITCs received or receivable in the year canada.ca. Once a line has recapture or a terminal loss, it gets no CCA in column 21 and its column 22 is nil.

Columns 15 and 16 are added only to compute the claim. They never reach column 22, so the gross up changes the size of this year's CCA and nothing else. The Schedule 1 side of the return is on the Schedule 1 adjustments page.

Which factor goes in columns 15 and 16 for 2026?

Notes 10 and 11 on the form list the factors. For property acquired in 2026 only column 16 matters, and for most classes it's 0.5, which turns a 20% class into a 30% first claim canada.ca.

The 100% results follow from the class rates: class 50 is 55%, and 55% times (1 plus 9/11) is exactly 100%; class 43.1 is 30%, and 30% times (1 plus 2 1/3) is 100% canada.ca. The rates for every class are on the CCA classes table, and the history of the incentive is on the accelerated investment incentive page.

If the tax year isn't a calendar year, the form points you to Regulation 1100(2.01) for column 15 and 1100(2.011) for column 16 to blend the factors canada.ca.

A 2026 Schedule 8 with four classes gives $40,431.50 of CCA and $4,000 of recapture

Your client is an Ontario CCPC with a December 31, 2026 year end that makes only HST exempt supplies, so it can't claim input tax credits and the HST stays in its capital cost. In May 2026 it buys $25,000 of new class 8 equipment from a dealer and sells an old machine from the same class for $3,000. It buys a $45,000 car, which goes in its own class 10.1 line at $39,000 plus 13% HST on that amount, or $44,070 canada.ca. It also buys a $6,000 server (class 50) and sells its only delivery truck (class 10, cost $30,000, UCC $8,000) for $12,000. Everything bought was new, at arm's length and in use right away.

Column 21 totals $40,431.50 for Schedule 1 line 403, and column 19 puts $4,000 on line 107. Class 8 is the line people get wrong. Without the sale, column 16 would be $12,500 and the claim $15,500. The $3,000 of proceeds comes off the RIIP addition before the gross up (columns 11 to 14), so the claim drops by $900, not $600.

The truck sold above its $8,000 UCC but below its $30,000 cost, so the excess is recapture, not a capital gain canada.ca. More on that split on the recapture and terminal loss page. The car's capped cost matches the class 10.1 limit page.

All four purchases are dated before September 15, 2026 on purpose: property acquired on or after that date may fall under the proposed Productivity Mega Deduction instead canada.ca.

Which edge cases change a line on Schedule 8?

Property bought from a related person. If the transferor owned depreciable property at least 364 days before the end of your client's tax year and kept it until the transfer, it goes in column 6, not column 3, so column 17 never touches it canada.ca. The half year rule itself is covered on its own page.

Proceeds above cost. Column 9 is capped at the property's capital cost canada.ca. Anything above cost stays off Schedule 8 and is a capital gain; see T2 Schedule 6.

Class 10.1 cars. Each car gets its own line, recapture and terminal loss don't apply (unless the car was ever designated immediate expensing property), and in the year your client sells one it owned at the start of the year, it can claim up to 50% of the regular CCA canada.ca. For cars acquired after 2025 the cost limit is $39,000 plus sales tax canada.ca.

Short tax years. Prorate the claim by the days in the year over 365. Some classes are exempt, such as classes 14 and 15 and certain mining equipment in classes 28 and 41 canada.ca.

Available for use. Property counts as acquired only when it becomes available for use, so something bought last year and put into service this year goes in this year's column 3 canada.ca.

Separate class election. Answer line 101 if your client elects under Regulation 1101(5q) to put a property in a separate class; each property needs a capital cost of at least $1,000 canada.ca.

Terminal loss limits. Besides class 10.1, the terminal loss rules don't apply to class 14.1 property unless your client has stopped carrying on the business it relates to canada.ca.

Where did the immediate expensing designation go?

The 2026 version of Schedule 8 has no immediate expensing area. Its notes mention designated immediate expensing property only once, to say a class 10.1 car that was ever designated stays exposed to recapture canada.ca. The closed CCPC rule and its designation deadlines are on the immediate expensing page.

Finance proposed the Productivity Mega Deduction on September 15, 2026: full expensing of most depreciable property acquired on or after that date, excluding buildings in classes 1 and 3, classes 14, 14.1 and 51, and certain vehicles in classes 10 and 10.1 canada.ca. It is draft legislation as of October 2026. Property that doesn't qualify keeps the accelerated investment incentive, so columns 5 and 16 still apply to it.

The CRA last updated the Schedule 8 form page on May 25, 2026, before that proposal, so no version of the form shows how a Mega Deduction claim would be entered canada.ca. Until one does, a claim for property acquired after September 14, 2026 rests on a measure that isn't law.