kehlawler
New Member

Self-employed

Each partner has their own car which is owned personally, not by the business.  Previously my accountant used a 'Motor Vehicles Expenses (Business)' form to calculate our individual expenses and then added the result in Part 7 of the T2125 form (Other amounts deductible from YOUR SHARE of the net partnership income).  I am not using an accountant this year and there doesn't seem to be an equivalent form to use for these calculations other then the T777