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posted Feb 26, 2025 4:36:21 PM

Interest Expenses in Deluxe?

I invested in the company I work for in 2024, but won't have any T-5 income until the 2025 Tax Year. I have interest from 2024 that I can claim, but when I entered it in the form (Line 22100) I was told I need to upgrade to Premier which will double my cost for TurboTax. 

 

Is there any way to add interest expenses in Deluxe, or am I going to be looking to alternative providers for filing which do not increase costs for this scenario?

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Moderator
Feb 26, 2025 6:15:45 PM

Do you have access to your T5 on your CRA My Account? All T-slips for 2024 tax year should be available there. We know some T-slips were delay, maybe verify with the issuer of this investment to have a duplicate of this T5.

 

Yes, you are right, if you have investment, Premier is the proper software for you. TurboTax Online will prompt you to upgrade.

 

Thank you for choosing TurboTax.