topic as a musician where do i claim the money spend on equipment? in Credits and deductions https://turbotax.community.intuit.ca/community/credits-deductions/discussion/as-a-musician-where-do-i-claim-the-money-spend-on-equipment/01/3674481#M9590 guitars? Thu, 24 Apr 2025 14:46:54 GMT deanl4lennon 2025-04-24T14:46:54Z as a musician where do i claim the money spend on equipment? https://turbotax.community.intuit.ca/community/credits-deductions/discussion/as-a-musician-where-do-i-claim-the-money-spend-on-equipment/01/3674481#M9590 guitars? Thu, 24 Apr 2025 14:46:54 GMT https://turbotax.community.intuit.ca/community/credits-deductions/discussion/as-a-musician-where-do-i-claim-the-money-spend-on-equipment/01/3674481#M9590 deanl4lennon 2025-04-24T14:46:54Z Re: as a musician where do i claim the money spend on equipment? https://turbotax.community.intuit.ca/community/credits-deductions/discussion/re-as-a-musician-where-do-i-claim-the-money-spend-on-equipment/01/3678997#M9635 <P>Hi! Are you self-employed? If you are, determine if the equipment is a capital expense (CCA) or a current expense so y<SPAN>ou can report these expenses on your T2125 form (Statement of Business or Professional Activities) when filing your tax return.&nbsp;</SPAN></P><P><SPAN><BR /><BR /><BR /></SPAN></P> Wed, 30 Apr 2025 18:07:02 GMT https://turbotax.community.intuit.ca/community/credits-deductions/discussion/re-as-a-musician-where-do-i-claim-the-money-spend-on-equipment/01/3678997#M9635 LisaW4 2025-04-30T18:07:02Z