I am an Ontario resident with a virtual business. Where would show purchases of a new monitor, filing cabinet and office chair?

[hdharris59]

I also paid insurance for the new monitor, would I claim that also?

[TurboTaxTrevor · Accepted solution]

These purchases are capital and are expensed in the CCA fixed asset section, They would be a class 8. Monitor would be class 55, the insurance can be added to cost.