I am a carpenter and require small tools and equipment to perform my job, do I include this under "Supplies & Materials" or does it go under "Other Supplies"?
01390
1 Replies
TurboTaxSusan
Moderator
Jan 15, 2023 4:20:18 PM
It would depend on how much these items. If they are inexpensive, you can put it under office supplies. But if they are more than a few hundred dollars, you would claim it using capital cost allowance (CCA).