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New Member
posted Feb 22, 2023 12:42:31 PM

Should I claim the monies received after a motor vehicle accident, from my insurance company?

Vehicle was totaled and I ended up on long term disability

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1 Replies
Level 15
Feb 23, 2023 3:01:35 PM

I'm very sorry to hear about your accident. 

 

As per CRA: compensation received from a province or territory if you were a victim of a criminal act or a motor vehicle accident is not to be reported on your income tax return.

 

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