Say, the monthly lease is $1,000 ($12,000 in total) in 2021. Since $800/mo ($9,600 in total) is deductible, the non-deductible portion is $2,400 (200 *12 mo). How should I complete S1 non-deductible automobile expenses? Thank you in advance!
ProFile has a non-deductible automobile expense form. Search auto in form explorer. ProFile follows the CRA rules found here.
Hope this helps
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