Recaptured Capital Cost Allowance (Field 9947) on T776
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 both: the undepreciated capital cost (UCC) of the class at the start of the year and any additions to this class made during the year.
Field 9947 (Recaptured capital cost allowance) on T776 is calculated by the software, so you need to complete Area A of Form T776 first. If there is a negative number in column 7 (UCC after additions and dispositions), Field 9947 will be populated with an amount based on your percentage of partnership.