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 Apr 27, 2024 5:31:00 AM

If I have vehicle expenses for work but am not self-employed, do I enter loan interest details and/or CCA?

I do have a T2200 from my employer confirming travel requirement.

0 1 4331
1 Replies
Level 3
Apr 27, 2024 11:31:50 AM

Yes, you can claim motor vehicle expenses approved by your employer in the T2200 Declaration of Condition of Employment

You can claim any of the following vehicle expenses only if approved:

  • capital cost allowance(CCA)
  • eligible interest you paid on a loan used to buy the motor vehicle
  • eligible leasing costs
  • fuel (gasoline, propane, oil)
  • maintenance and repairs
  • insurance
  • license and registration fees

You may visit the page, "Everything You Need to Know About the T2200 Form and Employment Expenses".

 

Thank you for choosing TurboTax.