Investors and rental owners

To claim parking fees in your return, you can go to the Find icon (magnifying glass) at the top right corner of the screen and write T777 then select and Go. This is where you will answer the questions and then enter your information. Always click on Continue at the bottom of the screen or Done to save the information entered.

 

As a salaried employee, if you pay to park at your office you cannot deduct it as an employment expense. However, if you work in different places every day or are normally required to work away from your employer’s office, you may be able to deduct your parking fees.

If you pay parking fees in order to earn commission, you can deduct your expenses as long as they weren’t for parking at your employer’s office

If you drive to your local doctor and have to pay for parking, you cannot deduct your parking expenses as a medical expense. 

For more information please follow our TurboTax Article Tax Deductible Parking Fees

 

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