- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I am able to claim millage to and from court on days off, and co-workers only used km drive x CRA per km rate, not then detailed t777 form. I'm stuck on how to submit.
the t777 form is looking for fuel, insurance. etc. I just want to submit for km driven.
Topics:
October 30, 2019
1:20 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Seniors and students
There is no “flat rate” calculation method for business, employment or rental related automobile expenses. To claim those expenses, you must have receipts with the actual costs, as well as a log book that records your business kilometers traveled. There is, however, a simplified way to do a logbook, but that only determines your business use of the vehicle.
T777 Statement of Employment Expenses (PDF)
https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/t777/t777-15e.pdf
CRA page regarding Motor vehicle expenses (not including CCA): https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/sole-proprietorships-partners...
October 30, 2019
1:20 PM