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New Member
posted Oct 31, 2019 4:03:22 AM

Where do I enter the fees paid to the accountant for preparing previous year tax return?

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1 Best answer
Level 13
Oct 31, 2019 4:03:23 AM

Fees paid for your accountant to prepare your income tax return can be entered as investment fees.  Please keep in mind that you are only able to deduct these expenses if you are claiming business income on your tax returns.  Otherwise, the CRA will disallow it.

1 Replies
Level 13
Oct 31, 2019 4:03:23 AM

Fees paid for your accountant to prepare your income tax return can be entered as investment fees.  Please keep in mind that you are only able to deduct these expenses if you are claiming business income on your tax returns.  Otherwise, the CRA will disallow it.