Professional ass'n/ license fees - I have both employment income and self-employment income. Can I claim these fees twice? If not, which place is better to claim? Thx :)
Professional ass'n/ license fees - I have both employment income and self-employment income. Can I claim these fees twice? If not, which place is better to claim? Thx :)
You cannot claim the amount for your professional fees twice. You may either claim them as a business expense on your T2125, or as a professional fees expense on line 212. It doesn't matter which way you claim it, your net taxable income will be the same.
Professional ass'n/ license fees - I have both employment income and self-employment income. Can I claim these fees twice? If not, which place is better to claim? Thx :)
You cannot claim the amount for your professional fees twice. You may either claim them as a business expense on your T2125, or as a professional fees expense on line 212. It doesn't matter which way you claim it, your net taxable income will be the same.
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