Example – T777 (Excerpt)
Expenses | Line references |
Amounts | Line |
---|---|---|---|
Accounting and legal fees | 8862 | 1 | |
Advertising and promotion | 8520 | 2 | |
Allowable motor vehicle expenses (see chart for line 3 on page 2) |
9281 | 11,803.06 | 3 |
Food, beverages, and entertainment expenses 1,559.68 x 50 % = | 8523 | 779.84 | 4 |
Lodging | 9200 | 5 | |
Parking | 8910 | 6 | |
Office supplies (for example, postage, stationery, ink cartridges, etc.) | 8810 | 178.25 | 7 |
Other expenses (employment use of a cell phone, long distance calls for employment purposes, etc.) (specify): Cell phone | 9270 | 623.13 | 8 |
Tradesperson's tools expenses (maximum $500)  | 1770 | 9 | |
Apprentice mechanic tools expenses |
9131 | 10 | |
Labour mobility deduction (see chart for line 11 on page 2) (maximum $4000) | 1771 | 11 | |
Musical instrument expenses | 1776 | 12 | |
Capital cost allowance (CCA) for musical instruments (see « Part A » of this form) |
1777 | 13 | |
Artists' employment expenses | 9973 | 14 | |
Add lines 1 to 14 | Subtotal | 13,384.28 | 15 |
Work-space-in-the-home expenses Enter whichever is less: the amount from line 16 on page 3) |
9945 | 16 | |
Total expenses Line 15 plus line 16.(Enter this amount on line 22900 of your return) |
9368 | 13,384.28 | 17 |
Description of the vehicle and expenses | Amount | Line |
---|---|---|
Enter the make, model and year of motor vehicle used to earn employment income | Dodge 2019 | n/a |
Enter the kilometres you drove in the tax year to earn employment income | 22,500 | 18 |
Enter the total kilometres you drove in the tax year | 30,000 | 19 |
Line 18 divided by line 19 | = 0.75 | 20 |
Enter the motor vehicle expenses you paid for: Fuel (gasoline, propane, oil) and electricity |
3,230.55 | 21 |
Enter the motor vehicle expenses you paid for: Maintenance and repairs | 467.67 | 22 |
Enter the motor vehicle expenses you paid for: Insurance | 1,200.00 | 23 |
Enter the motor vehicle expenses you paid for: License and registration | 260.00 | 24 |
Capital cost allowance (see Parts A and B) | 8,644.50 | 25 |
Interest expense | 1,850.19 | 26 |
Leasing costs | n/a | 27 |
Other expenses (please specify): | 84.50 | 28 |
Add lines 21 to 28 | 15,737.41 | 29 |
Employment-use portion Line 29 multiplied by line 20 |
=11,803.06 | 30 |
Enter the total of all rebates, motor vehicle allowances, and reimbursements for motor vehicle expenses you received that are not included in income. Do not include any repayments you used to calculate your leasing costs on line 27. | 31 | |
Allowable motor vehicle expenses (line 30 minus line 31) Enter the amount on line 3 above |
11,803.06 | 32 |
Part B - Class 10.1
- For details about the Class 10.1 limits, see chapter 9.
- List each passenger vehicle on a separate line.
Date acquired |
Cost of vehicle |
1 Class number |
2 UCC at the start of the year |
3 Cost of additions in the year |
4 Proceeds of disposition in the year |
5 Base amount for CCA |
6 CCA Rate % |
7 TOTAL |
8 TOTAL |
---|---|---|---|---|---|---|---|---|---|
2021-12-31 | 32,000.00 | 10.1 | 28,815.00 | 0 | 0 | 28,815.00 | 30% | 8,644.50 | 20,170.50 |
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