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What expenses can u deduct on your tax return

Tokibaee

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Apr 13, 2018
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What are moving expenses ? What is the difference between tax credit and tax deductions. Thank you
 
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spyfy

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What are moving expenses ? What is the difference between tax credit and tax deductions. Thank you
Moving expenses are explained here:
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-219-moving-expenses.html

Tax deduction = something that makes your income smaller.
Then your tax is calculated based on your income.
AFTER that, there are tax credits = something that directly makes your tax smaller.