Hi: Commissioned employee with eligible T777 / T2200 vehicle & home office expenses. I bought out my car lease in 2024, and also purchased a manufacturer's extended warranty for $3000.
My question is: can I claim the cost for the extended warranty; and if yes, would I include this $3k amount in my CCA class 10 addition for the year, or under a different class or even motor vehicle (maintenance) expense? Thanks!
If you are unsure if you can claim an expenses, you can contact the Canada Revenue Agency (CRA) and confirm it with them.
If you are in Canada or the United States, you can call the CRA at 1-800-959-8281. If you are elsewhere, you can call 613-940-8495. This page has more ways to contact the CRA: Contact the Canada Revenue Agency
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