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January 8, 2021
Question

One of my incorporated customer’s who is doing Amazon And Etsy sales has his own car And using it significantly for business purpose. Can he claim car expenses in T2?

  • January 8, 2021
  • 1 reply
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1 reply

Rebecca R
January 8, 2021

Hi there userozancangurel and welcome to the QuickBooks Community!

 

I know how important it is to accurately and efficiently file your taxes so it's great that you're checking in to find out what can or cannot be claimed on a T2 Corporation Income Tax Return. I want to point you in the right direction to get the help you need.

 

The QuickBooks Community and our team of experts is your one-stop-shop for the technical support you need when navigating through our products to do the books for your small business. When it comes to what expenses you can claim on your taxes, the Canada Revenue Agency or your accountant will be your best resources. If you're not working with an accountant just yet, you're in luck. We have a database of QuickBooks-certified accountants that are ready and willing to support you on topics like this. Navigate to the My Accountant tab within QBO and hit the Find a pro to help button. From there you can specify your location and find an accountant in your area!

 

The website for the CRA is also a wealth of information. With a quick search, I'm confident you'll find the right resources to assist your customer. I also want to encourage our accountant users here in the Community to chime in on this thread if they have some advice to offer. We have tons of knowledgeable users that I'm confident can point you in the right direction as well.

 

Let me know if you have any technical questions that I can answer when it comes to using QuickBooks. That's my area of expertise and I'm happy to assist!