You can deduct your motor vehicle expenses if you meet all of the following conditions:
•You were normally required to work away from your employer's place of business or in different places. (YES - verified by employer on T2200)
•Under your contract of employment, you had to pay your own motor vehicle expenses. YES
•You did not receive a non-taxable allowance for motor vehicle expenses. Generally, an allowance is non-taxable when it is based solely on a reasonable per-kilometre rate. correct, I received a TAXABLE allowance•You keep with your records a copy of Form T2200, Declaration of Conditions of Employment, which has been completed and signed by your employer. Yes - have one every year
Sometimes, your employer will include an unreasonably low allowance as income on your T4 slip even though you do not want to claim any expenses. When this happens, have your employer complete and sign Form T2200, or get a letter from your employer stating that the allowance was unreasonably low. On line 229, deduct as an expense an amount equal to the allowance.
not quite sure how to interpret this last one- can I just enter my allowance in the box without any math ie 70% usage, or backup?
•You were normally required to work away from your employer's place of business or in different places. (YES - verified by employer on T2200)
•Under your contract of employment, you had to pay your own motor vehicle expenses. YES
•You did not receive a non-taxable allowance for motor vehicle expenses. Generally, an allowance is non-taxable when it is based solely on a reasonable per-kilometre rate. correct, I received a TAXABLE allowance•You keep with your records a copy of Form T2200, Declaration of Conditions of Employment, which has been completed and signed by your employer. Yes - have one every year
Sometimes, your employer will include an unreasonably low allowance as income on your T4 slip even though you do not want to claim any expenses. When this happens, have your employer complete and sign Form T2200, or get a letter from your employer stating that the allowance was unreasonably low. On line 229, deduct as an expense an amount equal to the allowance.
not quite sure how to interpret this last one- can I just enter my allowance in the box without any math ie 70% usage, or backup?