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Should I claim the monies received after a motor vehicle accident, from my insurance company?
Vehicle was totaled and I ended up on long term disability
February 22, 2023
12:42 PM
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Investors and rental owners
I'm very sorry to hear about your accident.
As per CRA: compensation received from a province or territory if you were a victim of a criminal act or a motor vehicle accident is not to be reported on your income tax return.
Thank you for choosing TurboTax.
February 23, 2023
3:01 PM