Hello,
The government is wanting info for 'other deductions' reported on my 2023 tax return, could anyone please explain to me exactly what that could be?? Thanks
Hello,
The government is wanting info for 'other deductions' reported on my 2023 tax return, could anyone please explain to me exactly what that could be?? Thanks
Hello,
The government is wanting info for 'other deductions' reported on my 2023 tax return, could anyone please explain to me exactly what that could be?? Thanks
Other deductions can be many things, such as:
You can claim the following amounts on line 23200 of your 2023 return:
Canada Pension Plan or Quebec Pension Plan benefits
scholarships, bursaries or research grants
retiring allowances
repayment of a shareholder's loan
repayments made by you in the year for a policy loan under a life insurance policy
income from a registered disability savings plan
Here is the list from the CRA of what can be included in your "Other Expenses."
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