Small Business Tax Deductions
TurboTax Business builds business tax deductions (federal & provincial, as necessary) like these into the software:
- A portion of your mortgage interest for your home office
- A percentage of your property taxes for your home office
- GST on business purchases
Learn about TurboTax Home & Business
Learn about TurboTax Business Incorporated
|
Student Tax Deductions
TurboTax Student Online Edition builds student tax deductions (federal & provincial, as necessary) like these into the software:
- Daycare & summer camp fees if your spouse is working
- Tuition, book, bus pass and related fees
- RRSP contributions
- Moving costs for relocating to attend school
Learn about TurboTax Student Online Edition
|
Income Tax Deductions (Personal)
TurboTax builds personal income tax deductions (federal & provincial, as necessary) like these into the software:
- Disability tax credits for prolonged infirmities, like hearing impairments certified by an audiologist
- Interest on loans for investments
- The cost of renting out a safety deposit box
- Moving expenses (to move closer to work) - including the cost of breaking a lease
Learn about TurboTax Standard
Learn about TurboTax Premier
Learn about TurboTax Basic
|
|
|
|