Tradespersons - tools expenses
If you are a tradesperson and wish to enter your eligible
employment expenses regarding the purchase of tools, please follow
the steps below:
1. On the "Left side menu on the Interview tab", select
"Interview setup".
2. On the page on your right, go to the "Employment and
other benefits" group, check the box for "Employment
expenses" and click "Next" at the bottom of the
page.
3. Return to the "Left side menu on the Interview tab"
and select the "Employment expenses".
4. On the screen to the right, click on
the plus sign "+" icon to the
right of the line "Eligible employment expenses for a
tradesperson", and click on ''Next'' at the bottom of
the page.
5. On the page that is generated, entitled "Eligible
employment expenses for a tradesperson" and enter the relevant
information, and click "Next".
6. On the newly created page entitled "Tradesperson -
eligible tools", click on the plus sign icon
"+" and at the bottom of the line entitled "Tradesperson
Tools Expenses (for tool purchase by employees)", enter the
information on the tool you acquired in the tax year.
7. If you wish to add other tools, return to the page
"Tradesperson - Eligible Tools" and repeat the
procedure.
8. The employer must complete Federal Form
"T2200 - Declaration of Conditions of Employment", as well
as Quebec form "TP-75.2-V Employment Expenses of Salaried
Tradespeople".
9. Depending of form(s) complete you should complete these form
"Employment conditions" and for Quebec residents
"Employment conditions - Quebec".
Keep the original forms completed by the employer as well as the
receipts for tools acquired in the year in order to provide them
upon request to the CRA or to Revenu Québec.
For more information on eligible amounts and conditions that
govern trades people employment expenses, consult the following
links:
For the CRA:
https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4044.html
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-229-other-employment-expenses.html
For Revenu Québec:
https://www.revenuquebec.ca/en/online-services/forms-and-publications/current-details/in-118-v/
The eligible amount will be entered on line 22900 of the
Federal return and line 207 of the Quebec return.
The program will generate Federal Form T777 and Quebec form
TP-75.2.
ID: 20201021120515NA.xml
Webpage: KPA350-20201021120515NA.htm
