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Sep 10, 2019 7:05 pm
when filing the T2 can we claim the payments made on the loan. This year payments totalled $8400.Can that be claimed on schedule 100.
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Sep 11, 2019 1:56 pm
Loan repayments should be recorded as a reduction of the loan balance. The loan balance as of the year-end is reported on Schedule 100, and not the individual loan repayments made.