Income Tax Q
I don't feel like calling and waiting on hold for CRA right now so I figure I would ask here.
I received a receipt in the mail from RBC for my car loan. It shows what is owing and how much interest was paid on it. It also says that I may be able to claim this on my income tax. How can I claim it? Is it only if I am using it as part of a business expense and writing it off?
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