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    Find CRA error Netfile information >> HERE!
    blackwels
    New Member

    Apprentice mechanic tools - interest on loan

    My son is an apprentice mechanic and made a significant purchase of tools for this trade and took out a 5-year loan to finance the expense.  How and where do I input the interest on the loan

    posted
    ‎June 9, 2025 10:43 AM
    last updated ‎June 09, 2025 10:43 AM
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    TurboTaxSusan
    Moderator
    Moderator

    Apprentice mechanic tools - interest on loan

    There is no deduction for interest on loans used to buy Apprentice mechanic tools.  

     

    ‎June 10, 2025 1:25 PM
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