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New Member
posted Feb 20, 2024 4:28:33 PM

I would like to know if my insurance payment can be included in the deductions, like the monthly payments I make for my financed car?

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3 Replies
Moderator
Feb 20, 2024 4:42:41 PM

Are you employed or self employed?

New Member
Feb 21, 2024 8:06:23 AM

Employed

 

Intuit Alumni
Feb 21, 2024 8:20:38 AM

Please see what expenses are eligible as an employee in our TurboTax article: What Expenses Can You Deduct as an Employee?

As per the Canada Revenue Agency (CRA): "Before claiming any work-related expenses, you must have a completed Form T2200 Declaration of Conditions of Employment signed by your employer."

 

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