- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Where do professional dues and liability insurance required for my job go, under Employment Expenses or later under Deductions?
October 29, 2019
5:04 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self-employed
Liability insurance is also deductible on the same line as mentioned by TonyC1. For more info, please see http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns206-236/212/menu-eng.html
October 29, 2019
5:04 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self-employed
Bona Fide professional dues, those required to maintain your professional standing for employment reasons, would be entered on line 212 of the T1 as a deduction from income.
Liability insurance is another matter. It can be claimed as a business expense if you areo self employed.
Liability insurance is another matter. It can be claimed as a business expense if you areo self employed.
October 29, 2019
5:04 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self-employed
where exactly would you deduct it as a self employed person?
October 29, 2019
5:04 PM