CAD taxes : Does filling my US taxes by an accountant last year (including FBAR for my savings account that generated money) qualify for carrying charges ?
CAD taxes : Does filling my US taxes by an accountant last year (including FBAR for my savings account that generated money) qualify for carrying charges ?
Yes, but only if all of the following are true: - you had income from business or property (includes income from securities), - you didn't already use the cost to reduce your business or property income - keeping accounting records was a usual part of your business or property operations
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