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February 21, 2024
Question

I would like to know if my insurance payment can be included in the deductions, like the monthly payments I make for my financed car?

  • February 21, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    February 21, 2024

    Are you employed or self employed?

    kikin315Author
    February 21, 2024

    Employed

     

    February 21, 2024

    Please see what expenses are eligible as an employee in our TurboTax article: What Expenses Can You Deduct as an Employee?

    As per the Canada Revenue Agency (CRA): "Before claiming any work-related expenses, you must have a completed Form T2200 Declaration of Conditions of Employment signed by your employer."

     

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