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Level 1
posted Mar 3, 2024 1:46:12 PM

Releve 27

Hello 

I received a Releve 27 for the installation of an EV Charging station at home. I cannot find a Releve 27 form on the Standard Tax Cal program I purchased.  Do I have to declare the subvention amount in Box B? If yes, how would I do that, as there currently is no Releve 27 form in the program.

Thank you     

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1 Best answer
Level 1
Mar 6, 2024 4:41:10 PM

Thank you for your quick reply to my question.  

2 Replies
Moderator
Mar 3, 2024 3:03:19 PM

If you received financial assistance for personal purposes, the amount of the assistance is not taxable and you do not have to take the RL-27 slip into account on your income tax return.

 

If you received financial assistance for self-employment purposes, the amount of the financial assistance would be deducted from the capital cost of the acquired property to calculate the capital cost allowance (CCA).

Level 1
Mar 6, 2024 4:41:10 PM

Thank you for your quick reply to my question.