We have an office shared by two people. My partner does not want to share all expenses. Is it okay if we share unequally? Will CRA object? Like rent, phone secretary salary etc? Partner proposes 75% and 25%. Or will CRA insist we share equally?
061684
1 Best answer
TurboTaxLise
Level 13
Oct 30, 2019 6:22:49 AM
Whatever your partnership percentage is - is what you use to calculate your shares of your office expenses. It doesn't matter the % each of you incur - as long as it totals 100% of the expenses incurred together.
6 Replies
TurboTaxLise
Level 13
Oct 30, 2019 6:22:49 AM
Whatever your partnership percentage is - is what you use to calculate your shares of your office expenses. It doesn't matter the % each of you incur - as long as it totals 100% of the expenses incurred together.
sam23
New Member
Oct 30, 2019 6:22:50 AM
Thanks for your help
TurboTaxLise
Level 13
Oct 30, 2019 6:22:52 AM
You are most welcome
Mahaayoubi
New Member
Apr 9, 2023 1:36:56 PM
If my percentage is half do I enter .50 or just 50 for the question that says
your percentage of the partnership (%) in turbo tax program?