I have a Taxable benefit from interest-free loan for 5495.89 and Im not sure where to put it

[TurboTaxVeronique]

As per CRA, if a low-interest or interest-free loan is provided or a debt is incurred because of employment or shareholdings, the interest benefit is taxable. Depending on your situation, the interest benefit may not be taxable.

Depending on your situation it can be add to your income. We suggest you to confirm with CRA where you should enter this amount on your return.

Here is the link to contact CRA

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