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New Member
posted Oct 30, 2019 3:09:53 PM

Are Accounting fees related to determining installment payments deductible as Investment Expense?

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Level 7
Oct 30, 2019 3:09:54 PM

Generally, for an expense to be deductible as an investment expense, it has to be incurred in connection with earning an investment income. Refer to the following article: https://turbotax.intuit.ca/tips/investment-expenses-permitted-by-the-income-tax-act-in-canada-6272