Self-employed

If it was training for a new skill, it would be considered a “capital expense” and you might be able to claim it as a tuition expense if you have a T2202, TL11 or another eligible receipt. To do this in TurboTax Online, select Deductions > Students > Student Profile from the left side menu. Check off “Tuition fees on a receipt, T2202, or TL11”, then click the “Continue” button.

 

If the training was to improve or update an existing skill, then it would be considered a “current expense” and then you can enter the amount in the "Other Expenses" section under Employment Expenses. This is at the end of the Expenses section in the Self-Employment part of the Interview.

For more information about capital and current expenses for self-employment, please visit the Canada Revenue Agency (CRA) webpage, Self-Employment Business-Expenses.

 

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