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GST, ITC, and buisness expenes
So I know how GST and ITC credits work I am just wondering how to enter things with the software.
Say I am entering my business rent that I am claiming the GST on as a input tax credit do I also include the GST portion of my rent in the software when entering my rent?
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August 26, 2024
12:13 PM
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Self-employed
No, you will not enter the amount with the GST as you will be claiming the GST separately in your GST/HST return.
Thank you for choosing TurboTax.
August 28, 2024
9:53 AM