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dokeefe
New Member

claiming vehicle expenses using the Simplified method

I would like to claim vehicle expenses using the Simplified Method.

On what line of the T2125 do I enter this amount?

1 Reply

claiming vehicle expenses using the Simplified method

You can't use the Simplified method for self-employment. You have the option to use a Simplified logbook, but you still have to claim your actual vehicle expenses. The flat rate is for medical expenses & Northern residents deductions.

 

 

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