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My job requires travel. I have not updated my travel insurance policy to reflect business use. Can I still apply for a deduction for insurance on my business tax return ?
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October 29, 2019
7:32 PM
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Self-employed
It is not clear if you are employee and receive T4 for your income, or you have a business and file T2125. If you are a T4 employee you should have a signed T2200 form your employer to claim these expenses on T777. If you are a business, add the amount on t2125.
October 29, 2019
7:32 PM