Skip to main content
May 1, 2022
Question

Can i claim hard drives and camera equipment

  • May 1, 2022
  • 1 reply
  • 0 views
No text available

    1 reply

    May 2, 2022

    Yes you may claim hard drives and camera equipment as long as you are following certain factors. According to the Canada Revenue Agency (CRA), If you own a business that uses these items to generate revenues, you may claim them as expenses. You may claim the hard drives as Office Expenses, and your camera as a CCA class.

    For more information, check out: Canada Revenue Agency (CRA) - Business Expenses

     

    If you are a commissioned employee, According to the Canada Revenue Agency (CRA), you may only claim equipment that is leased for use at work. So if you lease a camera you may claim it as an employee.

    For more information, check out: Canada Revenue Agency (CRA) - Commission Employee Expenses

     

    Thank you for choosing TurboTax.