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"Allowance Received" Motor vehicle expenses?


Travis

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My employer pays me an additional allowance of ~15K taxable income for a motor vehicle allowance.  This allowance is included in box 14 and shown in box 40 of my T4.  So I have already paid tax on it.

I typically claim about 30-40% of my kilometers as "business use".  If I enter this allowance amount on the "allowance received" portion of the motor vehicle expenses page, then it zero's out any benefit or return.  If that amount has already been entered on my T4 and I have already been taxed on it as income, why would I enter the allowance amount on this page again?

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