Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 9:29:19 PM

Can I Claim CCA on a new vehicle that I bought that I use for work but I receive a vehicle allowance on my income?

I am salary plus commission and use my vehicle for work. I bought a new vehicle during the year and wondering If I can claim CCA. I receive a monthly vehicle allowance from my employer. On my T2200 The allowance is listed as an allowance that was included on the employee's t4.

0 1 1286
1 Best answer
New Member
Oct 30, 2019 9:29:21 PM

If the allowance is paid monthly and included in income then you are able to claim CCA on the purchase, fuel expenses for the entire year (limited by mileage) as well as insurance repairs and loan interest. Use the Motor Vehicle Expenses screen found in the Employment Expenses section of Turbo Tax found under "Income".

1 Replies
New Member
Oct 30, 2019 9:29:21 PM

If the allowance is paid monthly and included in income then you are able to claim CCA on the purchase, fuel expenses for the entire year (limited by mileage) as well as insurance repairs and loan interest. Use the Motor Vehicle Expenses screen found in the Employment Expenses section of Turbo Tax found under "Income".