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Question about professional dues. Where do i put personal liability insurance?

 
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Question about professional dues. Where do i put personal liability insurance?

Liability Insurance is different from professional or union dues.
Membership in a professional body or college may or may not include liability insurance in some form.
Usually, deductible items appear in box 44 of a T4, or through membership receipts.

If you are asking about an insurance policy, this might be deductible as an expense if you were filing a business return, but would not qualify for a personal deduction from income as professional fees or union dues.

The only personal qualifying non-business insurance that provides a tax credit is private Medical insurance premiums.

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Question about professional dues. Where do i put personal liability insurance?

Liability Insurance is different from professional or union dues.
Membership in a professional body or college may or may not include liability insurance in some form.
Usually, deductible items appear in box 44 of a T4, or through membership receipts.

If you are asking about an insurance policy, this might be deductible as an expense if you were filing a business return, but would not qualify for a personal deduction from income as professional fees or union dues.

The only personal qualifying non-business insurance that provides a tax credit is private Medical insurance premiums.