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Does T4 box 40 need to be reported in "total rebates, allowances, and reimbursements for motor vehicle expenses you received that are not included in your income"?
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March 24, 2020
11:04 PM
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No. Box 40 on your T4 is already included in your income. Whatever is in Box 40 should already be a part of the Box 14 Employment Income total.
If you have TurboTax Live Assist & Review, here is how to talk to a Tax Expert: https://turbotax.community.intuit.ca/community/navigating-turbotax/help/i-m-using-turbotax-live-assi...
March 28, 2020
6:34 PM