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Can I use a portion of management fees in my return

 
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Can I use a portion of management fees in my return

We appreciate you choosing TurboTax,

 
You may claim management and administrative fees on your income tax return if you incur them as a result of operating your business.
 
You can claim these expenses by using Form 2125, Statement of Business and Professional Activities, and including the total of these fees on line 8871. Then, they are subtracted to arrive at your net business income, which is transferred to your income tax return form T1 General.

 

Please visit the link provided for further clarifications:

TurboTax: Tax Tip: Claiming management and administration fees

 

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