Other expenses

There are expenses you can incur to earn income, other than those listed on Form T2125, Statement of Business or Professional Activites.

Deduct on line 9270 of Form T2125 the total of other expenses you incurred to earn income, as long as you did not include them with a previous expense.

You do not have to list these expenses on the form.

Some of the more common ones are:

• Disability-related modifications
• Computer and other equipment leasing costs
• Leasing costs
• Convention expenses
• Allowable reserves
• Private health services plan (PHSP) premiums

Forms and publications

• Guide T4002, Business and Professional Income
• Form T2125, Statement of Business or Professional Activities